Passive Income Generator

Passive Income Generator is an investment that gives you passive income, such as an income-oriented real estate limited partnership.

Promoters may try to interest you in a PIG - passive-income generator. These are investments, such as limited partnerships, designed to produce passive income to soak up passive losses. Be careful not to let your pursuit of tax savings lead you into a bad investment. Any investment touted as "tax-favored" around year-end - when many taxpayers are desperate for tax savings - begs for especially careful scrutiny.