Recently, a reader reached out to share how his taxes were affected by his various passive income streams. It turns out, to no surprise, that the taxes on those income sources are much lower than those levied on his earned income.
Although my passive income streams have grown steadily over the years, I haven’t put too much thought into their role in either my taxes or my standard of living until recently.
I’ve never been a big fan of dividends. When I wrote about the only individual stock I held, I highlighteded the fact that it pays no dividend and why that’s a good thing. I’ve demonstrated how selling shares of a company is better than receiving a dividend from it.
Realty Mogul is a name with which you are likely familiar. We bring them to your attention again because we like how they operate and invest. Passive income is the primary goal of Realty Mogul investments.