I want to pay down additional amount to remove PMI.

I am sure that you would think that the Turo contract would help with that, but seeing as you are providing it as a service in addition to your STR, I can see issues if there is a problem.Plus you are offering significant services with that rental and that would change your tax situation.

That way you can tap into the equity in addition to some cash flow resulting from the low interest payment. 2. 1031 exchange: what would you buy as your next property?

In addition, you can reach out to a local hard money lender (not a national lender) and they will point you in the direction of fix and flippers who would make an offer.

In addition, we had to pay all the closing costs, which rounded up to $4,000.

From some additional research, it seems that Texas is a non-disclosure state, which could be the reason why there isn't that much information out there.

If you have a good CPA, realistically, the only additional deductions you get for putting a property in an LLC are the costs associated with creating and maintaining the LLC. 

In much the same fashion as when we file permits for a large remodel they will quite often come back saying I want xyz additional work like adding hardwired smokes.

I also got licensed in Florida at the end of 2023 so we can continue to invest and create additional income to put into a buying fund.I'm excited to be here to learn and connect with other investors and realtors. 

In addition to ample windshield time learning the city, I had a lot of local folks help me see the opportunity in Augusta.