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AP Management Group

APM GROUP

February 21, 2020

ACTIVE INCOME

Active income refers to income received from performing a service and includes wages, tips, salaries, commissions, and income from businesses in which there is material participation.
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February 21, 2020

PASSIVE INCOME

Passive income is income that requires little to no effort to earn and maintain. It is called progressive passive income when the earner expends little effort to grow the income. Arguably the most important types of income to achieve financial freedom.
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