Rud, Syndication deals (and crowdfunding deals which are essentially syndications that are allowed to market over the Internet) can be set up in numerous different ways.So there isn't going to be one single answer for this.To answer your question, I am not an accountant and you should always consult with your own tax accountant before making any investment decision.

There are just numerous variables and calculations you must analyze to check. 

I hate having to force someone to address that but I've caught this person in numerous lies.

It was an office building owned by a somewhat shaky business, but did have numerous long term roof leases for wireless providers.  

I have purchased numerous courses.

Our portion out-of-pocket was the $3K deductible.I'm friends with numerous apartment owners. 

And Alienation of title is a Event of default. there are numerous events of default..

My team is also well connected to this sector of the industry allowing us to be experts in Land listings as well as have access to numerous Off-Market Listings.

I’ve got numerous other examples.  

As for my Airbnb research, I have spoken with a person who runs numerous Airbnb’s in a different area (city atmosphere) who provided good ideas on how to smoothly run the property.