Offering your property's depreciation to a private investor

[Pete Edmonson]

Hi all, 

Wondering if anybody offers up the depreciation from a potential new property to a private investor as part of the terms? I have a couple of investors that are looking to a.) park some money, and b.) find additional tax write-offs. For example, on a standard $100k SFH, with the 20% down payment coming from the investor, and a standard $80k bank loan, I am offering the investor either 50/50 split or 100% depreciation for the property, which allows me to get the property with zero-down, and allows the investor the tax write-offs they want. End game would either be for me to refi in 12 months to cash investor out and them repeat, or let it ride until the investor wants out.