As a part of the coronavirus relief bill the CARES Act, businesses were given the opportunity to apply for Paycheck Protection Program (PPP) loans to offset the costs of operation. Business owners could use these loans to cover employee payroll, as well as mortgage interest, rent, and utilities. Over 5 million PPP loans were issued to small business owners, and now, they can apply for loan forgiveness before it's time to start paying it back. 

To be eligible for PPP loan forgiveness, the original loan amount must be for $50,000 or less. That means 3.57 million of those 5 million PPP loans are eligible for forgiveness according to the Journal of Accountancy. Other eligibility requirements include having spent 60% or more of the loan on paying…

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Every region of the country has its own natural disasters to worry about like tornados and hurricanes, and of course, for California, we have earthquakes and wildfires. While they all can be equally destructive, most forces of nature can be predicted somewhat in advance... except earthquakes. There's no warning on the local weather forecast giving residents time to evacuate or prepare their homes.

In recent years, though, science and technology have advanced enough to create the MyShake smartphone app that gives Los Angelenos a few seconds to brace themselves before the ground starts to rumble. Ground motion sensors placed throughout the state can detect that an earthquake has begun before humans can feel any shaking. For earthquakes at a 4.5…

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Cities throughout California have "pre-sale requirements" you have to meet before you close escrow. Some requirements include inspections or paying a fee, and the specifics vary from city to city. If you're selling your house or thinking of doing so soon, it's important to be aware of your cities requirements. Some places have a very quick turn around time for scheduling inspections, but others can take weeks. Office closures due to coronavirus could make those wait times even longer. If you realize at the last minute that you need to fulfill a requirement to close escrow but the paperwork is going to take too long, you might find yourself having to pay extra for an expedited inspection. 

Not sure if your Southern California city has pre-sale…

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