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Would you really prefer to earn 500k actively rather than passively? Actively requires personal effort, passively requires little to none and also means you would have considerable assets behind yourself also.

Fair enough. I suppose an owner driver truck driver with no other investments could also claim 100% income from their sole investment. Not too relevant anyway. How you get your income is a personal thing.

Doesn't that make it "earned income", even if you don't really do much, rather than passive investment income?

So you don't draw any salary from your business? If not, I can only assume at lease some of your investments are under your personal name and generating considerable income, would this be correct?

On current structure just over 50%. How about business profits, how would that be considered?