The three major forms of unearned income based on property ownership are rent, received from the ownership of natural resources; interest, received by virtue of owning financial assets; and profit, received from the ownership of capital equipment. As such, unearned income is often categorized as passive income.
(Photo: Instagram/Chad and Erin Paine) Bringing Up Bates couple Erin and Chad Paine welcomed their first baby, son Charles Stephen IV, on Thursday, May 14, in Knoxville, Tenn.
The third of Kelly and Gil Bates brood of 19, Erin Bates wedding to husband Chad Paine was featured on an episode of  19 Kids and Counting .. The families have been close for many years, having met when both attended yearly homeschooling conference with other conservative families.