Unearned Income: 9 Types You Need to Know About

Unearned Income: 9 Types You Need to Know About

The Internal Revenue Service (IRS) considers these sources of income and several others as unearned income. What is unearned income, and how does it differ from earned income. There is a definition of both as stipulated by the IRS.

passive income streams

The 18 Most Profitable Passive Income Streams

Creating several passive income streams is a dream for many people. It can accelerate plans to make extra income, pay off debt, and invest in building wealth. But what exactly is passive income? Are these streams truly passive? What can we do to begin tapping into this hidden stream of profits? Read on to find out how you can start producing passive income today.