Which is a form of passive income?(1 point) Responses owning rental property owning rental property teaching golf teaching golf wages from a part-time job wages from a part-time job trading stocks trading stocks
owning rental property
The correct response is "owning rental property."
To determine which option represents a form of passive income, we can break down each option and assess its characteristics.
1. Owning rental property: This can be considered passive income because once the property is acquired and rented out, the owner receives regular rental payments without requiring active involvement or effort.
2. Teaching golf: Teaching golf typically involves providing lessons or coaching services directly to clients. This would generally be considered an active income stream rather than passive, as it requires active participation and regular provision of services.
3. Wages from a part-time job: Wages earned from a part-time job are generally considered active income, as they require active time and effort spent working to earn the wages.
4. Trading stocks: While stock trading can generate income, it is not typically considered a form of passive income. Successful trading requires active monitoring of the market, research, and regular decision-making, making it an active income stream.
Based on this analysis, owning rental property is the option that represents a form of passive income.