Question

Asking again bc no one answered the first time

20 points


Karl purchased a second, larger home in which to live. He has
decided to rent his first home out for $1,500 a month. His
mortgage on the first home is $1,250. Is this an example of
passive income?
A) No B) Yes

Answer 1

i think it's no bc passive income is when you earn money by doing little work possible and it seems that he is spending his money on mortgage . i could be wrong buh i'm pretty sure it's no