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Ta x R e d u c t i o n s E x p e r t s

The thinning line


of rental collection
in April - 2020
What’s the reason for decreased rent
collections?

We all are well-aware of The COVID-19 provoked The half-payments are


COVID-19 that is creating an unexpected outbreak thinning the cash flow
sudden tumble in financial which led many retailers amongst many businesses
markets. to pay just half of the all over Texas.
rental payments.
What all comes under
retail?
Grocery stores

Supermarkets

Speciality stores

Self-service stores

Co-operative outlets

A chain retailer

Limited Liability Company

Rather than these the retails are broadly


classified into Store and Non-Store based
retailing.
Chain cycle of COVID-19

The half-payments didn’t stop with


retailers alone. It reached out for a
few more sectors causing the whole
system to sense the financial struggle.

The mall collections are happening only


at 30% to 40% because most of them are
closed or not working.

The owners of various offices and apartments


reported that rental collections have reduced
towards 95% rather than what they expected.
The big picture

With half paid rentals can lead to


creative destruction which is very
powerful.

Most of the businesses are expecting


PPP loans to get back to a firm
financial base.

More than 17 mm will run out of jobs


in a few weeks.

COVID-19 has closed stores 10 times


rather than normal days.

The end will be reconstructing the real


estate back again!
Ta x R e d u c t i o n s E x p e r t s

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