Sometimes it's ambiguous, but even then, why should I bother with the company that has numerous unresolved lawsuits, versus another company that is virtually the same but has none.

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

I've seen numerous QI's fail during my 40 years in the business, and most of the failures would have been prevented had their been government oversight. 

I talked to numerous California investors in real life and phone/Zoom calls who have lost money in far away OOS markets, mostly Midwest markets (e.g. repairs, capital expenses, bad tenants, properties vandalized while under renovation, evicted tenant stole all the appliances, property managers with high fees or overcharging for repairs).

I've seen the way that this movie ends, and it's usually not good.

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.

Our city is rapidly expanding, offering numerous job opportunities and a wealth of investment possibilities.

Search the BP for ADU appraisals to encounter numerous examples.

May your bookings be as plentiful as you wish, your guests be low-maintenance, thoughtful, and honest, and your positive reviews numerous.

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.