Passive Income: Passive Income Techniques and Creating Money from Multiple Streams without Putting In the Daily Work (English Edition)

Passive income is income that can be earned automatically with minimal labor to earn or maintain. It is called progressive passive income when the earner expends little effort to grow the income.

Passive income includes regular earnings from a source other than an employer or contractor. The Internal Revenue Service (IRS) says passive income can come from two sources: rental property or a business in which one does not actively participate, such as being paid book royalties or stock dividends.