You have come to the right place to explore different ways to generate passive income.

I always recommend to make even a little passive income from a rental after all your expenses, lets be honest you put a lot of effort into this rehab so you should reap a little return.

Would the LLC need to prepare a partnership return for the dividend income and capital gains?

I backed up, regrouped and went smaller to gain more experience. 

Allows rentals to be non-passive.

If you have a significant amount of passive income (from passive investments maybe from K-1s or other rental properties), then you could use the apartment rental loss to offset that passive income only.

Are your real estate investments active or passive?

Good afternoon everyone!I have always been surrounded by real estate and real estate investing since I was little. When I graduated I decided to pursue a career in becoming a real estate agent! It has been 4 months an...

I have been working on creating more passive RE opportunities and have come across a unique equity financing structure.

Today, that building generates enough passive income to cover his annual retirement contributions.You mentioned taking the 10% penalty, which I’d only recommend as a last resort.