Earned Income vs Passive Income vs Portfolio Income: A Comparison

As you may have derived from the title of this article, not all income is created equal.  In fact, the Internal Revenue Service categorizes income into three broad types, Earned Income, Passive Income, and Portfolio Income.  While passive and portfolio are income is generated via investments, earned income is either employment (W2) or self-­‐‑employment (1099) […]

What Is Depreciation in Real Estate

To tell you the truth, I’ve resisted writing on this subject for some time. There are two simple reasons for this. One is that the topic of depreciation is really rather dry; there is nothing sexy, motivational, not exciting about it. Actually, some would say that it’s flat out boring… Who wants to read a […]