Join The Ranks Of The Wealthy And Invest In Real Estate
 

How many times have you heard people grumble about taxes? Eventually, they get tired of simply complaining about how much money in taxes they have to pay and move on to how much money on taxes the rich DON'T have to pay. It can be frustrating, can't it, knowing that people with less money get fewer breaks than people with loads of money? It's frustrating because it isn't fair. And if you happen to be one of the people on the low-income/high tax-percentage side, then you may experience some resentment.

Unfortunately, simply recognizing injustices and complaining about them isn't sufficient to change the ways of the world. The rich will inevitably have money and therefore power, and they will use this power to stack the deck in their favor, particularly when it comes to using tax breaks to keep their money. They will claim that there simply isn't enough money for everyone to get what they need, all the while cutting corners and keeping their spoils for themselves. This extends to elected officials as well - how many poor politicians have you heard of?

Because this is the way our society works, you can either sit and feel sorry for yourself or you can take steps better your situation. The truth of the matter is that, if you know the secrets of the rich, you can get these same tax benefits that the rich enjoy.

In his Rich Dad book series, Robert Kiyosaki advocates figuring out what the rich do to be rich, and do that. Except that you don't have to figure it out. He didn't even have to figure it out, because he had a rich "dad" to tell him the secret of the rich: investing. Especially in real estate.

In his book "Cash Flow Quadrant," Kiyosaki says "One of the reasons I chose to work predominantly in the B and I quadrants are the tax advantages," The aforementioned "quadrant" is an invention of "Rich Dad," a diagram consisting on a square divided into quarters, each representing the different ways in which different people relate to money. It's an unavoidable fact that an individual's personal philosophy and perspective on the world will affect the way in which he or she behaves with money, and this behavior will, in turn, decide his or her ultimate financial success or failure.

According to Robert Kiyosaki, the real money is in the business and investment quadrants of the Cash Flow Quadrant.

As they say, if you can't beat 'em, you've got to join 'em. This is doubly true when you're talking about the wealthy. With this mindset, you'll realize that tax breaks for the rich aren't really so bad, since you can take advantage of them when you become rich.

Here's how. You become one of them by using investments to make your money multiply. You can do that while remaining also in the E and S quadrants, if you are well-paid, but Kiyosaki advises that you join the B quadrant, by building a business system that will essentially work on its own without much input from you. Then you can either keep it or sell it, but you must invest.

So, invest - invest in apartments, condos, vacation homes, whatever suits your fancy. This is the true, time-tested road to wealth.

Alexandria P. Anderson is a licensed Minnesota Realtor that uses the Maple Grove MLS listings to help her clients to find and purchase Maple Grove realty and other Twin Cities properties.