# Income from Business Ventures (Not Actively Managed)

**IRI:** https://folio.openlegalstandard.org/R9YUcieLvwqkhpwyuTCZX9g

## Labels

**Preferred Label:** Passive Business Earnings

**Alternative Labels:**

- Investment Business Income
- Non-Managed Business Earnings
- Passive Business Income
- Silent Partner Income

## Definition

Income from Business Ventures (Not Actively Managed) refers to earnings derived from business activities in which the owner does not participate in the day-to-day operations or management. This passive business income can come from investments in limited partnerships, silent partnerships, or other business arrangements where the investor's role is primarily financial.

## Sub Class Of

- https://folio.openlegalstandard.org/RCKOcs51IQGZ9MeUqtONIlc

**Deprecated:** False

