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Best Passive Income Investments For Beginners (In 2021)

Passive Income Tip: According to Uncle Sam, you need to be "materially involved" in an enterprise to earn active income. With passive income, it's just the opposite, as the IRS deems you to be earning passive income if you're not materially involved with a profit-making enterprise. By and large, expect income to be taxable if you are engaged in a passive income enterprise. You will need to report earnings to the IRS. (thestreet.com)

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Here are the best passive income investments for beginners. Mentioned article: https://www.financialsamurai.com/ranking-the-best-passive-income-investments/

**DISCLAIMER** I am not a financial advisor and anything that I say on this YouTube channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.

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References
  • Joo, J. (2007). An empirical study on the relationship between customer value and repurchase intention in Korean internet shopping malls. The Journal of Computer Information Systems48 (1), 53–62. [Taylor & Francis Online][Web of Science ®][Google Scholar]
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