This means that over time your money will buy you less and less. Another reason to invest in Chicago real estate is tax advantages . Most of us are being taxed from all angles. We ARE NOT talking about cheating the government or not paying taxes that are legally due. However, prudent real estate investors will always structure their investments in order to legally pay the lowest amount of tax.
Many people invest for cash flow .
A common goal is to create a money machine that will eventually replace you as the primary income earner. Smart investing will put you in the position where someday your investments will earn more money each year than you do working at your job. Gives you tax advantages. Provides growth or cash flow. Helps your overall retirement plan.