The $ 800K paying off the mortgage no longer produces passive income, but an implied return equivalent to the mortgage APR; tax minimization from the other side, no longer having to be offset by deductions. (financialsamurai.com)
If you want to grow truly wealthy, then you want to buy an asset that produces a passive income while you own it so that you can then buy other assets that make you even more wealthy. (thecollegeinvestor.com)
Dividend paying businesses also produce passive income. (valuewalk.com)