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LSDefine

Simple English definitions for legal terms

passive investment income

Read a random definition: Court of Appeal in Chancery

A quick definition of passive investment income:

Passive investment income refers to money earned from investments that require little to no effort or active involvement from the investor. This can include income from rental properties, dividends from stocks, or interest from savings accounts. On the other hand, passive loss refers to losses incurred from passive investments, which cannot be used to offset other types of income.

A more thorough explanation:

Passive investment income is money earned from investments that require little to no effort or active involvement from the investor. This type of income is typically generated from investments such as rental properties, stocks, bonds, and mutual funds.

These examples illustrate how an investor can earn money without actively working for it. For instance, rental income is generated from a property that is managed by a property management company, which means the investor does not have to be involved in the day-to-day operations of the property. Similarly, dividend income is earned from stocks held in a portfolio, which requires little to no effort from the investor once the stocks have been purchased.

passive income | passive mercy killing

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18:49
thank you my little crow friend
Dkk
18:50
Med law easy done
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
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