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Topic	Name Your Price: Be stuck with a minimum wage job for the rest of your life.
Zachnorn 07/04/12 9:31:00 AM #21:	From: PartOfYourWorld \| #019 From: Zachnorn \| #001 2. You can only earn minimum wage. No raises, no tips, no bonuses, no benefits (retirement plan, health coverage, etc.). What about passive income? Example: I use part of my payout to buy an apartment complex, hire a management company to run it, and collect monthly rental income without materially participating in the business. Is this permissible? Earning money from investments (real estate, stocks, bonds, etc.) is fine. The apartment complex is fine. But remember: you can't turn it into work (actually hiring a management company yourself is borderline enough), and you must always check into your minimum wage job even if you earn a lot of money from your investments. Someone's gotta keep the place running! -- Everything is overrated - <D I would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou <cite>Zachnorn posted [p:1295207] in Name Your ... [t:63303282]...</cite> <quote> <cite>From: PartOfYourWorld \| #019</cite><quote><cite>From: Zachnorn \| #001</cite><quote>2. You can only earn minimum wage. No raises, no tips, no bonuses, no benefits (retirement plan, health coverage, etc.).</quote>What about passive income? Example: I use part of my payout to buy an apartment complex, hire a management company to run it, and collect monthly rental income without materially participating in the business. Is this permissible?</quote>Earning money from investments (real estate, stocks, bonds, etc.) is fine. The apartment complex is fine. But remember: you can't turn it into work (actually hiring a management company yourself is borderline enough), and you must always check into your minimum wage job even if you earn a lot of money from your investments. Someone's gotta keep the place running! -- Everything is overrated - <DI would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou </quote> ... Copied to Clipboard!
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Name Your Price: Be stuck with a minimum wage job for the rest of your life.

Zachnorn
07/04/12 9:31:00 AM
#21:

From: PartOfYourWorld | #019

From: Zachnorn | #001
2. You can only earn minimum wage. No raises, no tips, no bonuses, no benefits (retirement plan, health coverage, etc.).

What about passive income?

Example: I use part of my payout to buy an apartment complex, hire a management company to run it, and collect monthly rental income without materially participating in the business. Is this permissible?

Earning money from investments (real estate, stocks, bonds, etc.) is fine. The apartment complex is fine. But remember: you can't turn it into work (actually hiring a management company yourself is borderline enough), and you must always check into your minimum wage job even if you earn a lot of money from your investments. Someone's gotta keep the place running!

--
Everything is overrated - <D
I would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou

<cite>Zachnorn posted [p:1295207] in Name Your ... [t:63303282]...</cite>
<quote>
        <cite>From: PartOfYourWorld | #019</cite><quote><cite>From: Zachnorn | #001</cite><quote>2. You can only earn minimum wage. No raises, no tips, no bonuses, no benefits (retirement plan, health coverage, etc.).</quote>What about passive income? Example: I use part of my payout to buy an apartment complex, hire a management company to run it, and collect monthly rental income without materially participating in the business. Is this permissible?</quote>Earning money from investments (real estate, stocks, bonds, etc.) is fine. The apartment complex is fine. But remember: you can't turn it into work (actually hiring a management company yourself is borderline enough), and you must always check into your minimum wage job even if you earn a lot of money from your investments. Someone's gotta keep the place running!
        
            --
            Everything is overrated - <DI would gladly take 90 whippings and be sentenced to 2 years in jail than have my account warned. - NotYou

        
    
    
    </quote>

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