This thread needs to be retitle. It is and has been a discussion about renewal income possibilities in the FE field. It is not a discussion about passive income.
Passive income are earnings an individual derives from a rental property, limited partnership or other enterprise in which he or she is not actively involved. As with non-passive income, passive income is usually taxable; however it is often treated differently by the Internal Revenue Service (IRS).
Read more: http://www.investopedia.com/terms/p/passiveincome.asp#ixzz2AWeX3pSa
Passive income are earnings an individual derives from a rental property, limited partnership or other enterprise in which he or she is not actively involved. As with non-passive income, passive income is usually taxable; however it is often treated differently by the Internal Revenue Service (IRS).
Read more: http://www.investopedia.com/terms/p/passiveincome.asp#ixzz2AWeX3pSa
