Passive income can come in many forms though. It does not have to be a piece of real estate. It can be a business. It can be a herd of cattle. It can be a share portfolio. When you have a look at something that brings you in more income – of course if you are leveraging or if you are borrowing, the level of borrowing affects how positive a property might be, or a business or anything else. Something might be positive if it has got no borrowings and something might be positive if it has got 100 per cent borrowings.
We always recommend that you seek professional advice as this blog is for general information only