Is this a cashflow, appreciation, tax benefit or some other play?

I also don't have anything to sell that is transactional and benefits off anyone purchasing real estate in Chicago.As someone that lives in Chicago and sees things on a day to day basis, some areas may be experiencing population decline within the city.

Here is a recent BiggerPockets podcast where they talk about depreciation tax benefits vs the tax benefits of investing in real estate in an IRA. 

If you do, and you meet the criteria, you could potentially deduct those losses against your regular income like W-2 wages, which is a huge benefit.

I’m sure your unique talents will be a benefit to all of us.And I’m sure you’ll be successful at it.Good Luck!

The only time additional income is bad is if you're poor and it's going to cause you to lose government benefits that are move valuable the the extra income. 

Hi Trevor, I would recommend comparing both terms and seeing which one will benefit you in the long run.

A series LLC allows for segregation of assets within one entity, though its benefits depend on how well other states recognize and enforce the structure.

It's awesome that you're looking to get into real estate early—it’s one of the best ways to build long-term wealth, especially when you start young and leverage your benefits strategically.Since you’re in the military, definitely take a look at the VA loan—it’s one of the most powerful tools available for real estate investing.

Trying to figure out how to structure a partnership, how to split profit but mainly how to finance and share tax benefits.