Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [passive-income]

36 questions
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What can I do to passively generate income?

I work 3 jobs totaling at 52 hours weekly. I don't have anything of value that I can sell for money. I put $10 into penny stocks a few weeks ago, but they don't gain much. I'm 25, and my savings is about $300. What can I do aside from working to…
Callat
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"Don't invest now because the market is high"

I have heard many people in my life say things like The market is low so it's a good time to invest or The market is high so don't invest It makes me wonder if mean-reversion is actually a thing for long-term passive investing. This…
Oliver Angelil
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4 answers

Building a source of passive income: How can I start?

For the past couple of months I have been researching, specifically on how to generate or build up a second source of passive income, I am obsessed with the fact of making another source of income at a young age, but I have found so much trouble in…
fbleb
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Are REIT worth it and is it a good option to generate passive income for a while?

I was talking to a friend of my who is into investing. I told him my plan is to buy a house and rent it out for passive income and have a property management company handle it. My friend then told me that I might as well invest into REIT if I…
Investing Noob
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Pros & cons of renting out personal condo during my work hours?

I work 9 - 5 and during the daytime on weekdays, my expensive condo is rather empty. What are some good ideas that I can rent the space out to some artist/yoga teacher during the day and make a passive income? What do you think are the pros/cons of…
Victor123
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What's a good option for passive income for a college student?

I'm entering my senior year of college, and will have very minimal, if any, debt upon graduation. From self employment and internships I've saved up a decent amount of money over the past several years. Right now I have ~$40,000 in a 4 year CD that…
tpm900
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Are those "auto-pilot" programs a scam or waste of time?

It's a popular buzzword being sold: "auto-pilot income." From what I understand, "auto-pilot income" is another way of saying "passive income" but with the idea of creating an "auto-pilot" source for it. In other words, do "x" and then "y" and then…
Shelf Dancer
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Should I enter a trailer park under one Schedule E column or under multiple Schedule E columns on US tax return?

It seems like common advice for when to consider two units part of the same property for purposes of the Schedule E, is that they are separate if and only if they have separate property tax. So, two units in a duplex or a house with a little house…
Kyle
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(Legitimate & respectable) strategies to generate "passive income" on the Internet?

After reading RDPD by R. Kiyosaki I'm trying to find chances to build up my Passive Income. By Passive Income I mean that I do not have to take care day-to-day of that "thing", but it generates some money (doesn't have to be huge). As an…
Cornelius
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Can one generate 'self-employed income' with a friend, to be able to contribute to IRA?

Let's assume A is happily living from interest and capital gains, but for various reasons he would like to contribute to his IRA. The IRS allows only contributions that come from income earned by working, be it employed or self-employed. Aside from…
Aganju
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Building passive income streams: Rentals vs. stocks vs.?

I've been fortunate for the past few years to have a very high-paying job. Over that time, I've put myself in the following financial situation: I own my personal home outright I own (also outright) a residental rental property that brings…
painter48179
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Can suspended passive losses of a former passive activity be used to offset capital gains on a current passive activity?

I had two rental properties, each of which had its own column on Schedule E. I purchased one in 2001 and one in 2007. The 2001 property has had minor Schedule E losses along the way, and has built up a small suspended passive loss on Form 8582. The…
Charles
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How to diversify long term retirement investment schemes in India so have sustainable passive income?

Public Provident Fund (PPF) - an Exempt-Exempt-Exempt (EEE) investment tool, I invest max possible in 80c i.e. 1.5 Lakh at the rate of 7.6% per year with a lock in of 15 years. (I would like to extend it to 20 years before withdrawal). Complete debt…
Tarun Maganti
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How do I pick the right company for investing services?

I am looking to move forward with my life and get my finances on track/be financially responsible. Part of that plan has me wanting to start looking at investing and other means to help grow my account (also provides a safe way to hide money away…
ggiaquin16
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Live off of bonds as passive income?

Let's assume a person needs 3 thousand dollars for expenses (rent/food/etc) in one month and wants to invest in bonds to make passive income. How much money would he have to invest in bonds to make this happen? How much money does an average bond…
user63150
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