Sentences with phrase «to produce passive income»

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.

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.

Dividend paying businesses also produce passive income.

An Active NFE is a business client whose main source of income (more than 50 %) is generated from the sale of goods and / or services, and, less than 50 % of assets held are used to produce passive income e.g. restaurants and retailers.

My focal point in the real estate world will be on multi-family opportunities that can produce passive income month - over-month.

They research and invest their money, as a way to produce passive income and to grow the money they already have.

Since the end of 2016 is almost here, I wanted to see if there are any gaps in my investment portfolio used to produce passive income.

There are so many doubters about saving 50 % + of your income, creating a product that produces passive income, or starting your own business, from people who've never bothered to try!

A Passive Foreign Investment Company (PFIC) is defined as a non-U.S. corporation (or a non-U.S. entity treated under U.S. tax principles as a corporation) where 75 per cent or more of its gross income is passive income, or at least 50 per cent of the corporation's assets produce or are held to produce passive income.

The Asset Test is met if 50 % or more of the corporation's average assets consist of assets that produce passive or could produce passive income, or are assets (such as cash and bare land) that produce no income.

Investing in the productive economy seems most likely to result in a long term retention of capital and to produce a passive income.

A Passive NFE is a business client whose main source of income (more than 50 %) is generated from holding financial instruments earning dividends and interest, otherwise known as passive income, or more than 50 % of its assets held are used to produce passive income, e.g. certain family trusts or holding companies.

Use the saved money from spending to invest in assets that produce passive income.

For Sean Slattery, he was always fascinated by the potential of rental properties to produce passive income.