We're also looking for a CPA, but we're considering forming our LLC series in Delaware.  

It's interesting to hear people talk about how tenant friendly places like California are and at least by this ranking my little backyard that is Delaware is the second most tenant friendly state in the country.

@Joshua NanceWe have new industries moving into the city like the Panasonic Battery plant being built in De Soto as well as a diversified job market with a strong emphasis in Health Care.

I suggest getting a Texas LLC and nesting it under a Wyoming or Delaware LLC.

Basically when you ask if you capitalize or deduct, you look to the source of origin.This falls under 1.263-5 and 1.446-1Basically you would capitalize the amounts, amortize over the life of the loan, then ask if you can deduct under de minimis, and if so, capitalize and write off.You can do that for a lot of other amounts.

@Paul De Luca - going with my gut on Humboldt Park!

No one has been "required" to go to war since Vietnam, which had nothing to do with the petro-dollar and everything to do with making our assurances to Europe credible.However the de-industrialization of the US benefited Japan and Germany so perhaps add that to the ways in which we have subsidized their systems.

You can get more info here: https://www.austintexas.gov/de...It may be a better/easier move to buy a STR just outside city limits in other desirable areas (near wedding venues, wine tours, hill country, etc).

By the way, I'm not stuck on Delaware.

They lost sight of the fact that as you de-nationalize your economy, you also de-nationalize your control of it, you influence upon it.