Which of the following types of income is passive income? a. Net rental income from real estate

Question:

Which of the following types of income is passive income?

a. Net rental income from real estate limited partnership investment.

b. Dividends from domestic corporations.

c. Wages.

d. Interest income from certificates of deposit

e. None of the above

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...

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