How to Give away Equity/Depreciation to Private Investor

[Jonathan Bonck]

Hey BP!

I am wondering how you give Depreciation and Equity away in a Deal. I have a Private Lender who will lend enough for Purchase Price and Rehab of a SFH. The situation is that I will be able to keep all the Cash Flow from the deal. I will be able to keep the Found Equity. But He wants the Forced Appreciation/Equity and he wants all the Depreciation so he can write it off on his taxes. This works out great because it will allow me to acquire another buy and hold asset with exceptional cash flow without any of mine own money. I have heard of this strategy using private investors but need more help understanding the paperwork and actual process of giving the private investor the Forced Equity and/or Depreciation.

Thanks for your help!