I’m new to real estate and I’m looking to get started here soon, my only problem is that I’m wanting to have it help with my business taxes. 

That’s short term tax rate.    

At that point, you will no longer get that tax write-off. 

With taxes, insurance and prop mgmt we're still cashflowing.Question is: should we refi already?

Alabama has the second lowest property taxes in the nation, behind Hawaii.

We rent the new side and cover our total costs each month (about $7250 total including insurance and taxes for the property) Our ROI for the new side is 7.8% 87,000/1110000 - 0.078Do we have a Healthy ROI for our original side or for the whole combined property?

But it will give you a decent neighborhood and some decent amenities.The taxes as a rental will not be anywhere close to the $4600 listed on Zillow – that is capped at 10% annual increase, a signal that it has homestead exemption.

I get the capital gain tax advantage of selling now but we can do 1031 exchange even if I decide to sell in 5-10 years.

Here’s the breakdown:No income, no tax returns, no W2s, no extremely thick red tape.

Consider factors like job stability, economic diversification, and potential impacts of external factors on the local economy.Local Regulations: Be aware of local regulations, taxes, and any specific rules that might impact your real estate investment.