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What is meant by passive income?

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Anonymous

12y ago
Updated: 2/6/2023

Passive income is basically receiving money for something you put in minimal to no effort in to receive. Don't think this is an easy task of course, it takes a great deal of researching, skill and of course luck to get. An example would be investing in a rental property, be it commercial or resedential, it basically gives you a steady income for literally doing nothing. How good would life be if you had passive income in it?

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Wiki User

12y ago

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