I read that Bob Denver made about $90M in syndication royalties from Gilligan's Island......Wowser!

Examples of passive income are rental from property, and royalties from patents or license agreements.

Oh and lastly make sure you stay away from the franchise wildlife guys (after all they have to charge to cover there royalties) Send me pics of home and I can offer suggestions only.. based upon my opinions.

Boy you guys are sure being mean to Paul.Around my way (Chicago) He's Real Etate Investment royalty,I'd love to get some . . any advice from this guy.Paul it's me, Derek Cramer . . . how've you been man?

Buying investment properties with cash is still more fun.There is no caste system, royalty or other impediment in the United States to prevent anyone from building wealth by studying hard, working hard, working smart, saving and investing.Many people who fancy themselves as sophisticated, real estate investors are really just rent collectors for banks, stuck with almost all of the risk and little of the reward.

Earned income is net earn­ings from self­employment, discussed later, from a business in which your services materi­ally helped to produce the income.You can also have earned income from property your personal efforts helped create, such as royalties from your books or inventions.

Now the bad news...I have a business method patent on this so you owe me a royalty every time you do it.

You are essentially a fund manager managing your own IRA portfolio.An IRA is well suited for activities that are easily able to be conducted at arm's length and that produce passive income such as rents, interest, dividends & royalties. 

However, there is a distinction in terms of the type of earnings and exposure to UBIT.Passive income such as interest, royalties, dividends and rents from real property are passive in nature and would be 100% tax-sheltered to an IRA.Income from a trade or business activity such as flipping is subject to UBIT, however.  

Pretty much the only passive income that's easy money are oil royalties...and you have to be born into those these days!