It gives them a reinvestment option to complete the exchange and doesn't require active management.

Seems to me cohesive set of laws and rules regarding this activity would benefit  both the public and those that want to engage in the activity.  

Because I'm here, active in the market and I do NOT want every fool rushing in and ruining it for me and my clients.    

Of course there is nothing magical about a "syndication", it can be as good or bad as an investment in any other real estate activity.

There are several different types of income in the US tax code.Two main types are “active income” and “passive income".Active income is money you earn from working, such as wages from a W-2 job or income from running a business.Passive income is money you earn from investments like real estate, stocks, or rental income from your RE portfolio where you earn $ without actively working.Normally, you can't use passive losses (like losses from real estate investments) to offset active income like your salary from a W-2 job.That is unless you are an RE Pro.The reality is, that Real Estate Pro status is just a filing status similar to filing married or jointly.And if you are a real estate professional you CAN use passive real estate losses to offset active income from other sources.To qualify as an RE Pro you must:1.

That being said, the only thing that being a QREP does is allow you to take losses against active income.  

If you're looking for more active strategies like purchasing your own real estate let me know and I'm happy to send updated recommendations based on what your situation is and what your goals are :)

I think the application is active for a month as well. 

If you are a REP, then it will deduct from active earnings.

Actively manage your business.