An adult woman in Southern California whose family built a rental unit business in the 1950s, declared about $840,000 personal income in one recent tax year.. n

An adult woman in Southern California whose family built a rental unit business in the 1950s, declared about $840,000 personal income in one recent tax year.. no property sales, no other business interests.. taxes on that income were about $250,000, including California State taxes, leaving about $50,000 per month passive income, month after month, year after year.