Oil and gas royalties - a little know acceptable 1031 replacement opportunity. 

The Texas LLC receives royalties from Texas oil wells.

.), royalty fees (around 5%), and advertising fees (about 5%). 

However, I don't like the potential constraints with growth on this (territory size, royalties, franchise fees, etc).I also like the idea of starting my own business from the ground up. 

Other states with lower tax basis have mineral and oil royalties.

As an investor it’s helpful to understand what tax structures are indexed to property ownership vs other vehicles like sales tax, corporate taxes, mineral royalties, etc.

Here are some passive income ideas for writers: Create your own journal - You can create, upload, sell, package, and ship a customer-made journal on Blurb for nothing except a royalty on journals sold.

The franchisor is incentive is too place as many locations as possible in an area to maximize royalty income and franchise fee income, up to the point that the franchisees are no longer profitable,  The franchisee on the other hand wants as few other franchisees in his area as possible since he has almost no concern about the franchisor maximizing their income, he wants to maximize HIS OWN net income and franchise value.   

BTW: Feel free to send my 7% royalty once get this service going, lol. 

should be its own BiggerPockets forum.BP, you can pay me royalties for the idea in for the form of check or wire transfer.