We all love the idea of making money while we sleep.

 

Regardless of how or when you make money - the IRS is going to want their cut.

 

I am answering a reader question today.

 

The question is ‘How is passive income taxed.’

 

Let’s dive in and talk about passive income.

 

02:01 What is passive income

04:59 True passive income sources

05:53 Semi-passive income sources

06:33 Material participation and/or activity

 

Resources

28 Passive Income Ideas To Build Real Wealth

Best Passive Income Apps

 

Check out my YouTube channel here.

Follow me on Twitter and Instagram.