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Running an online store isn't "passive income."

Passive income is from rental properties, mutual funds and (my dream) a rich uncle's trust fund.



I’d argue that unless you’re using a property manager, rental property isn’t really passive, either. Do you want that call at 3 am to fix a flood?


At that point I wonder why not just invest in REIT. And then look at how those compare to other possible companies... And then figure out nothing makes much sense.


Have you seen the taxes for REITs? They are complicated and often taxed as ordinary income instead of capital gains. I have heard recommendations to only use them in Roth IRAs.


I have a bunch of REITs in my "dividend" portfolio. This is true, most of the dividends are not qualified.


Hope your rich uncles are watching their backs!


I'm sure I don't know what you're talking about.




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