Real estate syndicates create, sell, and operate real estate investments. This type of industry was especially popular in the '80s, due to the favorable tax shelter treatment offered in the IRC. They offer a veritable myriad of investment scenarios, such as raw land speculation, new construction, new property or rehabilitation. A syndicate may be in the form of a corporation, or full or limited partnerships, with the latter being the most common format.

In determining whether a real estate syndication makes sense for you, an attorney experienced in real estate can be an excellent source of information for helping you understand the advantages and disadvantages of the investment and your rights as an investor in a real estate syndication.