I'd be happy to connect if you ever consider investing in the Kansas City area.Best of luck!

Hi Everyone,I am considering offering outsourced CFO services to Real Estate Investors but specifically Short Term Rental operators.For those that offer these services, what do you include in the offer?

A general warranty deed generally contains the clause that follows:“Grantor does hereby bind Grantor, Grantor’s heirs, executors, and administrators to WARRANT AND FOREVER DEFEND all and singular the Property, subject to the matters set forth in this General Warranty Deed, unto the said Grantee, his heirs, and assigns, against every person whomsoever, lawfully claiming or to claim the same, or any part thereof.”Special Warranty DeedOn the other hand, a special warranty deed provides buyer limited warranties to the defects arising only during the seller’s period of ownership.

If you're set on timeline, up to six months out can be a reasonable lead time.

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

Considering that “track record” is an issue, our first deal will probably be stabilized with day one cash flow.

If you want the funds to be separate then you should create a separate LLC to not co-mingle funds.If you are simply looking to not pay your broker a split on the commissions then you should talk to them first to see how they want you to set it up outside of the umbrella of their brokerage (if that is even allowed in IL).

I don't think the "average investor buyer" would ever consider negative cash flow - that being said, there are probably a portion out there that will do so for various reasons/strategies, but its going to be a smaller slice and not part of the main profile

The Capex is a percentage set aside based on nearly 30 years of experience and my current property inspections. 

Another CPA can correct me if wrong but I don't think there's going to be any recapture here.27.5 to me implies 1250 property and if acquired after 75' means no additional depreciation to recapture.I think there would be unrecaptured 1250 in the amount of the depreciation taken previously, max 25% at ordinary rates.The total gain less unrecaptured 1250 I believe would be 1231 capital gains, not considering other factors like look back and netting rules.Also the land would be 1231 and would get capital gains treatment.And personally I would subtract selling costs as a capitalized selling cost.Amount RealizedLess: Adjusted BasisRealized Gain/LossLess: Selling ExpensesRecognized Gain 1001I could be wrong though so correct me if so.Article for those interested:Depreciation recapture in the partnership context (thetaxadviser.com)While Sec. 1250 only requires additional depreciation to be recaptured as ordinary income, Sec. 1(h)(1)(E) subjects unrecaptured Sec. 1250 gain to a maximum tax rate of 25%.