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Active income is good in some ways and bad for others.
What would brokers, house flippers, real estate wholesalers, construction, developers or dealers be classified as.. active income or passive?
Some passive income would be rents, royalties, interest, dividends and capital gains. These are some passive sources.
WATCH & LEARN more about Active vs Passive investing with attorney, author and Anderson Business Advisors partner Toby Mathis!
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.