How Many Forms of Passive Income Are There?

… Long story short, there’s only one.

Matt McDonough
New Writers Welcome
3 min readMay 3, 2024

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Image created by the Author via Canva

Passive income, or unearned Income as the IRS likes to call it, is the dream: minimal effort and maximum reward when it comes to making money. Who wouldn’t want to make money while putting in no effort?

Let’s Clarify

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Matt McDonough
New Writers Welcome

Hello! I am a CPA by day, writer by night, and adventurer on the weekends. I’m on the lookout for fun ideas to read, please send anything interesting my way!