Need $1000 in Monthly Passive Income? 4 ETFs Wall Street Loves
247Wallst·2025-10-03 11:45

Core Viewpoint - The Internal Revenue Service (IRS) defines passive income as earnings derived from rental activities or any trade, business, or investment where the individual does not materially participate [1] Summary by Category Passive Income Definition - Passive income includes earnings from rental activities [1] - It also encompasses any trade, business, or investment in which the individual does not materially participate [1]