Residual Income

Residual Income refers to income streams where income is received on a regular basis, with little effort required to maintain the income stream.

Examples of passive income are rental from property, and royalties from patents or license agreements. Passive income streams usually require a lot of effort to set up, but little effort to maintain.

Dividend and interest from owning stocks and bonds, are usually referred to as portfolio income, which can be considered a form of passive income.

Some other types of passive income are:

• Royalties from writing a book

• Royalties from a patent

• Earnings from Network Marketing

• Earnings from a business that does not require direct involvement from the owner or services that don't require the merchant's intervention. In these cases, PayPal IPN may be used to achieve this.

Passive income is usually taxable. American Internal Revenue Service defines passive income as: income generated by activity in which taxpayer did not materially participate.

Residual Income Opportunity Use the Guidelines for choosing a Network Marketing Company or the Residual Income Opportunity that is RIGHT for YOU!

This website was created to help consumers to understand the amazing opportunity that network marketing offers!