Money Matters by Karen Ford (13/32)

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I recommend this book because passive income is income you earn without actively being involved. This means you continue to make income with no or little effort on your part to maintain that flow of cash. Passive income will include regular earnings from somewhere other than an employer or contractor. At the time of this writing, the IRS says that passive income can come from: rental income or a business in which a person doesn’t have to actively participate. This will include book royalties and stocks that pay dividends.

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Contributor: Karen Ford from KBF Management Company

Written by Taegan Lion

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