The word commission simply describes benefiting or earning money, cash, payment or royalties from the completion of a sale.

The Texas LLC receives royalties from Texas oil wells.

I manage those 8-plexes around the corner from State on Royalty Court off of Waller.

I'm still earning royalties to this day so somebody likes it, but I'm definitely not banking from it. 

Treat those first few guests like royalty.

Tax sheltered retirement plans are exempted from taxation on gains from passive income sources such as interest, dividends, royalties, rent from real property, or the sale of an asset that has been held over time to produce passive income. 

The basis for my initial post was the following instructions for schedule E which would be for a passive investor claiming their rental income/expenses on their personal tax return.General Instructions for Lines 5 Through 21Enter your rental and royalty expenses for each property in the appropriate column.

I've spoken with PMI and their offering looks solid but I'm really wondering if it's worth the royalty fee.

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.

Not have shareholders who are nonresident aliens5. not be a financial institution that takes deposits or makes loans6. not have more than 25% of the corporation's gross receipts from passive sources, such as interest, dividends, RENT, royalties, or proceeds from the sale of securities.