Just as all the other plantation failures were pigs
(passive income generator (PIG)
The name given to an investment offered to taxpayers who have excess passive activity losses and need some passive activity income to offset the losses. (Be careful of any investment touted as a PIG—if the only reason for an investment is the tax benefits it might produce,then the investment should be made with great caution.)
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
Thomas Jefferson!,Now if this bloke was an Australian and running ASIC,me reckons his contempt for banks(especially the ANZ) and Wall St.if it was there in his day he would have shut it down
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