Passive income includes regular earnings from a source other than an employer or contractor.
The IRS indicates passive income can come from just 2 sources: rental income or a business in which an individual does not actively participate. Examples include book royalties and dividend-paying stocks.
Realities behind creating ‘passive’ income | 43 Best Passive Income Streams & Opportunities | 7.1 Steps to Create Multiple Streams of Income | 20 PASSIVE INCOME IDEAS TO BUILD REAL WEALTH | Top 8 Ways to Create Passive Income | Multiple Income Streams: 10 Ways to Earn Extra Income
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