Income derived from real estate and business investments in which the individual is not actively involved, such as a limited partnership.
Related information about passive income:
- Passive income - Wikipedia, the free encyclopedia
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Earnings an individual derives from a rental property, limited partnership or other enterprise in which he or she is not actively involved. As with non-passive ...
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Passive Income. Passive income can only be generated by a passive activity. ... See Chapter 5 for a detailed discussion of passive income issues on disposition.
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