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PIG |
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See Passive Income Generator. PIG Passive Income Generator. Any investment that produces income from a venture in which an individual does not directly participate. The most common types of passive income are rents and income from a limited partnership. Thus, if an investor buys an apartment complex or a piece of an oil and gas limited partnership, this is considered a PIG. Passive income is taxable, but it is often treated differently than active income. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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