I currently  work in the medical field for now but looking to be my own boss in the real estate game.

Hello Westchester County, NY investors-I am looking for a mentor who is interested in exchanging expertise...Who I am:-Full time College Counselor for high school students- looking to get into real estate investing to (one day soon) be financially free-Wife of a medical student- we will be relocating based on his residency match next year. 

@Omar Khan - Ok thanks, on all the properties I have $500,000 liability Coverage and $5000 medical

Medical ?

Beyond the Raiders and other sport teams you have the UNLV Medical School with it's first class this semester and construction of the 220,000 sf building to start soon (which will revitalize the old neighborhood where it's located). 

Your personal exemption will change based upon how many people you claim on your tax return (you, husband and kids). 

They gave her title insurance but with an exemption on "heirs" Buyer still took it because they were paying cash.

@Michael Dorr, Again, you've stumbled onto a brilliant application that actually will allow you to take advantage of tax free and tax deferred income and reduce debt at the same time if you wish - or to continue to leverage.If you hold long enough that you qualify for the 121 exemption (having lived in it for 2 out of the previous 5 years) then you would most certainly qualify for a 1031 exchange on the other portion.What you exchange and what is tax free is simply following the allocation your accountant sets up when putting the rental half into service. 

I worked several side jobs to supplement my writing income, paid my half of our college-age children’s tuition and medical expenses, bought a Yaris, and lived frugally.

My wife and I are both  medical professionals  and we make a decent income but we would really like  to get into real estate investing within the next couple years,  primarily  buy and hold multi family properties.