If you are new and do not have much exposure it’s a formality at this point you have minimal at risk.  

In other words, it’s income that you earn passively with minimal effort and involvement.Strategies To Generate Passive Income1.Rental PropertiesRental properties can provide a steady stream of passive income through rent payments from tenants.

Over here we are seeing minimal inventory as a whole.

Not all banks are participating in the program and have overlays to minimize risk not to only have 5% equity in a loan 

Look for properties that need minimal rehab or could be flipped with cosmetic improvements.

We believed that the main portion of that fee would go towards the tax strategy portion where your designated ‘tax team’ would help you create a customized ‘tax strategy plan’ to minimize your taxes moving forward, while the tax preparation for a simple portfolio like ours was thought to cost no more than $2k of the total fee.

I will make mistakes and not so great decisions along the way but I want to minimize that as much as possible. 

Planning, such as selling in a year with lower overall income or using a 1031 exchange, can help minimize this tax.

LTR may get less money but management (if doing it yourself or hiring someone) is minimal for 6,9,12 months; plus you do not have the upfront costs of furnishing the space. 

I know in Pittsburgh there is some farm land that is rented to farms but the cost is so minimal that the only thing I would assume that this would be for would be for appreciation.