Stimulus Check Update: NEW Unemployment Check Update! (August 25, 2020) Welcome back to your stimulus check update and Unemployment Check Update for August 25, 2020. 0:00 Intro 0:12 Unemployment update news 3:10 Nancy Pelosi denies $1200 direct payment 3:45 When will we see Congress vote 4:55 What will happen if they approve the bill 6:40 If you didn't get $1200 direct payment the first time 7:10 The good news Unemployment Check Update on the $300/week unemployment benefit signed by President Trump: We have a new and fresh list of states that have been approved for the $300/week unemployment check signed by President Trump. We have the updated list from the States that have been approved for President Trump's unemployment memorandum benefit. Here are the States that have been approved for the $300/week unemployment benefit funded by FEMA: AL, AK, AZ, CA, CO, GA, ID, IN, IA, KY, LA, MD, MA, MI, MS, MO, MT, NM, NY, NC, OK, RI, TN, TX, UT, VT. States that have applied for the unemployment benefit but have not been approved yet: WY, AR, WV. States that are planning to apply for the unemployment benefit: OH, VA, DE, ME. Just as a reminder, there are enough funds from President Trump's unemployment benefit that will last only last 4-5 weeks. Last Saturday, Congress was in session to vote on Delivering for America Act. Republican & Democrat lawmakers were trying to fit in the unemployment extension and the $1200 stimulus check. House majority leader Pelosi denied that proposal for the unemployment extension and $1200 stimulus check, saying that they do not want a one-off bill for the unemployment benefit and $1200 stimulus check. So, unfortunately, the unemployment extension and $1200 stimulus check did not get passed so we only hope that lawmakers will get back into session and pass a bill that will include unemployment benefits extension and $1200 stimulus checks. The $1200 stimulus check will work very closely with how the previous $1200 stimulus check was distributed back in March 2020. If you make $75k as a single tax-payer, you are entitled to a $1200 stimulus check. If you file jointly, as a married couple if you make less than $120k, you're entitled to a $1200 stimulus check. And $500 per dependant BUT that's where the changes are made for the $1200 stimulus check. There is no age cap for children when it comes to the $1200 stimulus check. Link for IRS $1200 Stimulus Check https://www.irs.gov/coronavirus/get-my-payment 😃 Thanks for Subscribing & Liking our Video! The Kwak Brothers are millennial real estate investors who have acquired over 82 Units of Rental Units and have raised over $20,000,000 of capital for their real estate deals. They are based out of the Chicago-land area and they are dedicated to helping hard-working people become financially free real estate investor! They specialize in owner financing acquisition and raising capital. They are the creator of the FORCE Strategy (Find the deal, Owner Finance It, Raise the Capital, Cashflow It, and Expand your Financial Freedom) 📧 Get Our 1:1 Real Estate Investing Coaching and Mentoring: https://thekwakbrothers.com/thekwakbrothers ⌨️ FREE 7 Day Trial To PropStream Real Estate Investing Software: http://reisoftware.thekwakbrothers.com 📊 Pay Off Your Mortgage In 5-7 Years (On Average): https://www.youtube.com/watch?v=eGVn9iq1e6c 💻 JOIN OUR FREE FACEBOOK GROUP FOR LANDLORDS & PASSIVE INCOME: https://www.facebook.com/groups/bestreigroup 📡 PROTECT YOUR ONLINE DATA AND ACTIVITY WHILE CLOSING DEALS AND GENERATING NEW LEADS WITH NORDVPN: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=40858 🔊 Our Podcast Channels: 📻First Deal Experience: 🔹Spotify: https://open.spotify.com/show/7pnHJSNl7vPVFzq69IzC6B 🔹iTunes: https://podcasts.apple.com/us/podcast/first-deal-experience/id1282240923 📻Property Management Automated: 🔹Spotify: https://open.spotify.com/show/1LTAeRg2ZAT1ATI1mdtWM0 🔹iTunes: https://podcasts.apple.com/us/podcast/landlording-automated-podcast/id1504548975 GET SOCIAL WITH US: 📣Facebook: https://www.facebook.com/thekwakbrothers/ 📣Instagram: https://www.instagram.com/thekwakbrothers/ 📧 Hire the Kwak Brothers to Speak: info@thekwakbrothers.com #stimulus #stimuluscheck #unemployment ======================== ---DISCLAIMER--- The suggestions, advice, and/or opinions that are given by Sam Kwak (The Kwak Brothers) are simply opinions. There are no guarantees of set outcomes. Listeners, guests, and attendees are advised to always consult with attorneys, accountants, and other licensed professionals when doing a real estate investment transaction. Listeners, guests, and attendees are to hold Sam Kwak, Novo Elite, Inc. and the Kwak Brothers brand harmless from any liabilities and claims. Not all deals will guarantee any profit or benefits. Listeners, guests, and attendees are to view and listen to all materials and contents furnished by the Kwak Brothers as a perspective based upon experience.