House of Horrors: The Legal Podcast For Real Estate Investors

82. Stop Chasing Passive Income

Bonnie Galam

Passive income as a landlord is a myth and .... you probably shouldn't be chasing it anyway. Whether you still think passive income is the goal or are wondering *what exactly * is passive in real estate after diving into it, this episode is for you!

In this episode you'll learn:

  1. Why passive income is a deceptive term
  2. The 3 types of taxable income & the MAJOR tax benefit of being an active landlord
  3. The sweet spot between active and passive landlording


DISCLAIMER: Although Bonnie is an attorney she doesn’t give legal advice without a dually signed engagement agreement. All episodes of House of Horrors are educational and informational only. The information discussed here isn’t legal advice and isn’t intended to be. The information you listen to here isn’t a substitute for seeking legal advice from your own attorney

© 2021-2025 Bonnie Galam LLC | All rights reserved | Any use of this intellectual property owned by Bonnie Galam LLC may not be used in connection with the sale or distribution of any content (free of paid, written or verbal), produce, and/or service by you without prior written consent from Bonnie Galam LLC