What PASSIVE INCOME means: Passive income is income from business activities in which the taxpayer does not materially participate, and most rental activities. See also Material Participation and Portfolio Income.
- Definition Personal Property:
- Dictionary Generally, all property other than real estate passive income definition.
- Definition Proprietorship:
- Dictionary An unincorporated business owned by one person. The business owner may have employees working for him or her passive income explain.
- Definition Personal-Use Property:
- Dictionary Property that is not used for business or investment purposes passive income what is.
- Definition Percentage Depletion:
- Dictionary percentage depletion is a specified percentage of the gross income from the property, subject to other limits. Percentage depletion is allowed for nearly all natural resources, except timber. See passive income meaning.
How works Passive Income meaning in Tax definitions P .
