How to make passive income Tony says, “If you want to change your life you have to.” This applies to relationships, career and finances alike.
One way to raise your financial standards is with passive income ideas that allow you to add to your income with minimal effort.
Passive income is money you earn without having to make a daily effort. According to the IRS, there are two types of passive income: trade or business activities in which you don’t materially participate during the year; and rental activities, even if you do materially participate in them.
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