 TITLE: How to Make Passive Income CONTENT: What Is Considered Passive Income?\n----------------------------------\nPassive income is money you earn without actively working. It typically requires some work (and investment) upfront, but requires little day-to-day maintenance. For instance, if you're a graphic designer who sells premade designs online rather than working on a project basis for clients, you're earning passive income. Or, if you're a consultant, creating a course people can purchase rather than offering live trainings or one-on-one sessions might be a path to passive income. Investment earnings are also considered passive income.\nYou may owe taxes on passive income, depending how much you earn and how much time you spend on any residual business. However, the tax rules may vary based on the type of passive income sources you have. To avoid overlooking any obligations or deductions, you may want to work with a tax expert when it's time to file, especially if you have multiple income sources. END