What tax benefits for being passive investor for syndication?

[Manson C.]

Hi. I participated in a syndication last year (2016) and I am planning to file my 2016 tax this coming week. 

1. What tax benefits will I be getting via the syndication?

2. Will I be getting tax benefits such as mortgage interest deduction and depreciation?

3. Will I be receiving a K-1 form from my sponsor?

Thanks.