Second Stimulus Check Update: $1200 Check UPDATE!! (HEALS Act) 00:00: Intro 00:10: HEALS Act Restarting Negotiations 00:43: $1200 Stimulus Check Update 01:00: Unemployment Benefits 01:27: When To Expect $1200 Stimulus Check 02:55: What Republican Negotiators Are Doing 03:45: President Trump's Memorandum Breakdown 04:06: Student Loan Deferred Payment/Interest 06:05: Payroll Tax Deferrerment 08:11: Summary of President Trump's Memorandum GOOD NEWS! The key congressional negotiators for the HEALS Act have begun renegotiating the provisions for the HEALS Act, $1200 Stimulus Check, Unemployment Benefits, Eviction Moratorium, and all the other provisions connected to the HEALS Act/Second Stimulus Package. Secretary Mnuchin said that he does not mind if the HEALS Act bill exceeds the Trillion-Dollar limit for the initial proposal of the HEALS Act. That's good because now we are starting to see a compromise between Republican and Democrat lawmakers. Now the $1200 stimulus check has been a highly sought topic without much information being disseminated in recent days. Now with negotiations resuming this week, we should find out more this week when Senate negotiators resume talks this week. Thankfully Congress extended the session. We should also see a finalized provision for the unemployment benefit. Had the $1200 direct payment passed in the previous week during the Senate's session, we would have seen the stimulus checks next week. But since the Senate could not agree on the provisions, my guess would be we will start seeing the $1200 stimulus check, first to the second week of September. Everyone including the House and President Trump is on board with the second stimulus payment, some Republican lawmakers even proposed $1000 per person in the family. So that would be $1000 per adult and $1000 per child instead of the $1200 per adult and $500 per child. The memorandum that President Trump proposed recently has to do with the trump payroll tax cut and student loan payment/interest deferment. The student loan payment/interest deferment part of the memo, states, that any federal student loan will have deferred payments until December 2020. In addition, there will be a 0% interest rate connected to those loans until December 2020 as well. So if you have the means to pay, make the payment, because all that money will go directly towards principle! Now the trump payroll tax cut, if you make $4000 or less every 2 weeks, your payroll taxes will be deferred. BUT if you make $4000 or more every 2 weeks, you will still continue to pay payroll taxes. And President Trump is working on a plan for the payroll tax cut deferment, be forgiven, so the taxpayer DOES NOT need to pay the deferred taxes! That's your second stimulus check update! Stay tuned for more information in regards to the HEALS Act, second stimulus check, payroll tax cut, student loan forgiveness & deferment, and the unemployment extension! 😃 Thanks for Subscribing & Liking our Video! 📧 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 📻Landlording 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 #stimuluscheck #$1200directpayment #healsact ======================== ---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.