Syndications, at least in real estate, are group investments. If you find a great deal and don't have enough money to acquire it yourself, you might reach out to other investors for capital. In this case, you would be the sponsor of a syndication. If you have money you'd like to invest passively, rather than be the active manager, you might like to invest in someone else's deal that they manage for you. This is a syndication. Anytime you invest other people's money, you fall under SEC regulations. And there are strict rules you must follow. You don't want to get this wrong! One of the syndication attorneys we use to structure our deals properly with the right paperwork and make sure its filed properly with the SEC is Gene Trowbridge of Trowbridge Sidoti LLP. He is also a real estate broker, a senior CCIM instructor, author and former syndicator. And he's with us today to share some of this knowledge. www.RealWealthShow.com