Real Estate Investment
Passive income refers to earnings derived from rental properties, limited partnerships, or other enterprises in which a person is not actively involved. This form of income is attractive because it provides a steady revenue stream with minimal ongoing effort, allowing individuals to earn money while focusing on other activities or investments. It is a crucial concept in the context of real estate investment, especially regarding investments like Real Estate Investment Trusts (REITs), where income is generated without direct management of properties.
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