Passive income streams are an excellent way to generate additional income without requiring active participation. According to a study by the Bureau of Labor Statistics, the average American spends approximately 8.7 hours per day working or performing work-related activities. This leaves little time for...
A cash flowing rental property is a fantastic way to bring in a monthly income. To make this truly passive you can outsource the running of the properties to a management company. However, the internet has made investing in rental properties easier than ever before. There are a lot of ways...
Active versus passive income Having more than one source of income can help you feel more financially secure. One way to achieve this is by adding a passive income stream to your active income. Passive income differs from active income, which is money you earn from working, like salary, tips...
If you're wondering about active versus passive investing performance, you've come to the right place. Overall, it's better to be a passive index investor because it is very hard to outperform various stock market indices long term. The vast majority of active equity and fixed income fund m...
Owning physical real estate has been my key source for achieving financial freedom. My rental properties generate about $120,000 after expenses a year, or roughly a third of my overall passive income streams. However, now that I'm older and have two young children, I really want to minimize...
Dividend investing may be one of the only true forms of passive income investing I’ve seen in more than 20 years as an investor. I started my professional career as a commercial real estate agent and developer before getting started inincome investing through rental real estate. As an investm...
If I were to quit blogging tomorrow, I would have no active income to speak of and the passive income streams I’ve outlined, while growing, would not be enough to fully support our lifestyle. Does that mean I need this blog income to get by? Not at all. ...
3. All other passive acti vities, including rental real estate without active participation and equipment rentals, go on line 3. Losses entered on line 3 are not deductible unless the taxpayer has passive income. Part II is the calculation for allowable losses from rental real estate with ...