Dear my business partner,

Here is your opportunity to start a joint venture business with one of the public listed company in main board at Malaysia. This is a great opportunity for me and you as well!

I make up my mind to join as my PART TIME BUSINESS. This business is flexible in terms of working time and place. I can do it any time and place!! Just invite your family, friends, business partners and any people that you know to join up this business! As simple as drinking water!!

I have a big dream about this business career….. plan to push it for 3-5 years….thereafter I will retired and enjoy my life with the permanent monthly PASSIVE INCOME at least RM20,000 and above….. until the day I pass away and I can also transfer this income to my son!!….. The fantastic point is this passive income will keep increasing every month!!

Maybe you will think to start a business it will cost you a lot of money. Is wrong in this business!! To start up this business, it just cost you less than RM100 ONLY!!!

This is my great opportunity!! I’m sure this is YOUR OPPORTUNITY too!!!

I believe I can success! I am sure YOU CAN ALSO SUCCESS by grab this opportunity!!!

Because I believe you are the BEST SALE & MARKETING PEOPLE that I know from your profession.

Believe me, to success, this is the ONLY WAY!! I already choose to join it, how about you??

The job is simple, this is the business regarding the online selling daily consume products to any body you know or do not know!! This means it is an international business!!

If you want to know more about the business details & business plan, you are most welcome to CALL/SMS me at +6016-2033399 for meeting appointment. For overseas partner you can always reach me at my email: cwtiong78@yahoo.com and my skype: cwtiong78 or my msn: cwtiong78. Tqvm.

Best Regards,
Dennis Tiong

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I was doing a bit of reading on finances and saw there are a number of people who have made "live off passive income" a goal.

I was wondering, how much would you need in investments to realistically live off passive income? (Taking the average income of ,000 as a benchmark I guess).

Cheers.
** average annual income of k
Alrightey true enough about inflation, but I was under the impression most investments (shares, properties, etc) will, on average, rise with inflation, so the 40k p.a. returns would also go up?

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I wanted to find out if there are any differences in how passive income is taxed vs. how active income is taxed. Is there any benefit to generating one vs. the other?

I am establishing a new corporation and based on how much we split the equity between me and my wife – we can determine the % of active vs. passive income. I am trying to structure it so we can get maximum tax benefit – so would appreciate any advice.
The corporation is a legitimate corporation running a business. The purpose is not ONLY to re-classify income. However, since this is going to be a new business – we have flexibility in how we setup the equity structure.

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Dear all,

I am wondering is there any certain type of online income that can be considered as "passive" income for H-1B visa holder?(the only other source of income H-1B visa holder allowed to have is passive income)

Something that can generate around 0 per month (my salary is not enough to cover my family – I have cut everything up to the bone).

I was thinking something like Stock Photography or any other passive online income.

Or… did somebody know, can H-1B visa holder apply for "economy hardship" so that he/she can get a temporary, "flexible" working permit that can be used to perform any work for any company (I know that F-1 visa holder can do that)?

The company I work for doesn’t allow me to ask this question to the company’s immigration lawyer as they said that it will incure "unecessary" expenses.

I really appreciate any help/advice to solve my financial hardship.

Thanks a lot.
What I have in mind is online income that’s considered passive income (H-1B can have passive income), something like Google AdSense, Stock Photography, etc.

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I do not understand this question why it is answer B ,000. Please help.

Tom owns a rental apartment building property. This is the only rental property that Tom owns. He "actively participates" in this rental activity as he collects the rents and performs ordinary and necessary repairs. In 2009, Tom had a loss of ,000 on this renta l activity and had no reportable passive income. His adjusted gross income, without regard to this rental loss, is 60,000. How much of rental loss may Tom deduct on his 2008 return?

I thought you can deduct passive loss up to passive income. Since he has no passive income the answer is 0? Is the book wrong or something when it says the answer is ,000?
Hi Boston. Thank you so much. Just another question. If the taxpayer did not actively participate in rental real estate activity and cannot deduct any of the loss against nonpassive income, right? Dividends and interest are not considered passive income. If they actively participated in activity then they can deduct up to ,000 of loss from nonpassive income ?

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