Passive loss

• A loss incurred through a rental property, limited partnership, or other enterprise in which the individual is not actively involved. Passive losses can be used to offset passive income only, not wage or portfolio income. See also: Passive Income.

 Embedded terms in definition
Limited partnership
Limited partner
Passive income
 Related Terms
 Base probability of loss
Capital loss
Paper gain loss
Paper loss
Passive income
Passive investment management
Passive investment strategy
Passive portfolio
Passive portfolio strategy
Profit and loss statement
Stop loss order
Terminal loss

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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

Beware of small expenses; a small leak will sink a great ship. - Benjamin Franklin (1706-1790)


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