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Main Street Business

350: The Eviction Moratorium - What Landlords Should Know

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 16 August 2021

⏱️ 30 minutes

🧾️ Download transcript

Summary

This week in the Main Street Business Podcast Mat and Mark discuss a different perspective on the extension of the eviction ban. They cover some surprising statistics about how many landlords are really small business owners versus large corperations. This is not an episode you want to miss. In addition, they give some invaluable tips to landlords to help them keep up with their mortgages and potentially even avoid foreclosure. To read Mark Kohlers article on this topic visit: https://...

Transcript

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0:00.0

Welcome, everyone to the Main Street Business podcast with Mark Kohler and Matt

0:10.5

Sorensen.

0:11.7

We're so excited to be here today.

0:13.9

And Mark Kohler is fired up.

0:16.4

Just before we talked, he's a little fired up today.

0:18.9

I'm like, dude, this is going to be our podcast.

0:21.1

Yeah, we're doing this as our topic today.

0:23.8

Like, save it for the podcast.

0:26.1

Yeah, Matt's like, oh, tell us how you really feel, Mark.

0:30.8

Well, yeah, this eviction moratorium has me really upset.

0:36.4

I wrote an article two days ago, two days after the moratorium was lifted

0:41.9

after a 10 months of this ridiculous moratorium. Now we'll bring you, now I don't want to say

0:48.6

ridiculous. We're going to, okay, all right. So chill out, everybody. I'll give a disclaimer here in a

0:53.2

moment. But after 10 months, it was lifted. I write an article and yesterday, a day after my article comes out, the Congress has urged the CDC to extend it further. So we're going to give you the details. I'm just really, I'm a little chapped. It's really. Yeah. A little chapped. Okay.

1:11.6

That's a good word.

1:12.4

It's a good word.

1:13.8

And chapsic does not help that.

1:30.2

So, well, that's what we're going to talk about today is the eviction moratorium. As many of you guys remember, the pandemic came. And if you're a landlord, you know, one of the things that happened through all the stimulus and PPP and all the things that came out, you know, was an eviction moratorium, which if you were a renter and you couldn't

1:36.0

pay your bills and you lost your job, it was awesome. And it was, I think, a good temporary measure

1:41.2

was a nice thing to do for a temporary period of time. Well, if you're a

1:45.3

landlord, you're like, well, this sucks. How am I going to pay my bill? If you didn't do a

1:50.9

moratorium on my mortgage payment, I still got to pay. So it was this obvious conflict, of course,

...

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