Financial experts challenge the myth that rental income is the only "real" passive income—and reveal which income streams actually require less work.

It's a good idea to set yourself up with passive income for retirement. A rental property may not fit the bill in the way you'd expect it to. Don't assume that being a landlord is a great plan for ...

Whether you rent out a property long-term or short-term, there are lots of tax deductions that can save you money. Lisa Greene-Lewis, TurboTax expert and CPA, explains. If you have income from rental ...

Ally Financial is a growing online bank with a dividend yield of 3.1%. Phillip Morris International is a nicotine giant with a growing set of products for consumers. It has a 5% dividend yield.

The IRS recently released a draft version of Form 8825 and its instructions, revealing a few changes to what’s required. One ...

Many people buy one or more rental properties to generate passive income. That can be a very good income-producing strategy. However, it does have some drawbacks, including a high up-front investment ...

Selling a short-term rental in a competitive market can feel tricky. There are more properties for sale, buyers take their time, and prices are not as easy to predict as they once were. Even good ...

Are you reporting your rental income the right way? To begin, yes, buying the rental property in the LLC could be the best option. It's important that the LLC is already set up when the rental is ...

Buying a rental property can be a smart way to build wealth, but getting a mortgage for an investment home can be more complex than for a primary residence. Investors have plenty of options for ...

We’ve all heard the saying that nothing is certain but death and taxes. I haven’t yet found the secret to living a long life, but I do have good news to share regarding taxes. As soon as I pulled the ...