The earlier you start in your RE journey, the better off you will be in the future.

Future GoalsSetting your sights on transitioning your husband from his teaching job to working with you in real estate is an awesome goal.

@Evan LoaderTexas does not have a separate individual income tax filing.Kentucky and Georgia may have a tax filing requirement based on a minimum net income/gross income threshold.Even if you are not required to file, you may want to consider filing - to roll over potential NOL's.Furthermore, a filing doesn't necessarily mean you have to pay a tax - i depends on what the income from the K-1 reports.

That puts you right around July 15 as the final deadline to identify potential new properties to buy. 

We're aiming to live in a property between San Mateo and San Jose that could use some TLC and fixing it up with some sweat equity.We'll be living within the area for the foreseeable future and I'd love to begin networking with other investors!

If you would like real numbers  on what you can potentially borrow lay out what you currently owe and what you think the duplex is worth?

I'm looking forward to learning, connecting, and building the future with you all.

This way it will be reported on their credit report so future potential landlords can see.

Make them both work for you, do some research on which city/state would have the best potential, and take some time to find them both. 

Ask them about the potential and how to split up.