Our tax lawyers are always fretting about the passive income we are targeting to be taking in. I have made this my full time job. Do other Canadian investors all maintain active income to reduce the burn?!
Just listened to Gary V talk about how passive income doesn’t exist, also about how with real estate all that we hope is that our market doesn’t crash. Although I respect him to a certain level, I want to see how ever...
A few months back I bought a 2 Unit Bldg. I used a 203k to upgrade the bathrooms & kitchens in both units. I also reside in one of the units. I definitely want to do another one, I'm just trying to figure out if ...
My most successful story was 7 years in the making. I bought several rentals houses and flipped a few, payed most of them off, and then my husband walked away from his factory job and he has never looked back.
Passive Income Question
Where on BP that I post looking for investors that want 12-14% for a 1-year note.
Hey guys,
I have a two part question
1. Is passive income not taxed because it isn't earned income??? Or why is it tax free?
2. If you have a rental that is producing passive income. And you sell it, do you owe tax...
We are looking to diversify part of our portfolio and we are looking into some passive investing options in commercial real estate. There will be a 1031 exchange involved. What types of passive investing do you favor ...
How can a college student such as myself generate some passive income (not through rentals) so i can build up enough capital to make my first down payment? I am currently working a part time job and my time is limited...
I have a question for the BP audience. In vetting passive investments such as private equity funds.....trailer parks, notes, that sort of thing. What are some key points to look for? Also, what are some red flags? Eve...
I once read (or heard) that everyone should have at least 7 different forms of passive income. Other than real estate, What are some of you doing to create passive income?
I currently own and opperate a small vendin...