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What type of income is received through rent? A.earned income B.passive income C.portfolio income D.business income

Kyle Mckinney

in Advanced placement

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Rodney Fox on December 3, 2018

I think that the correct answer of the above mentioned options is option B. The type of income that is received via the income would be passive income. It is an income received on a regular basis, with little effort required to maintain. The income an individual derives from a rental property, limited partnership or other company, are some examples.


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