Legal Structure to maximize depreciation

[Andrew Kniffin]

Imagine 2 investors wish to buy 50-50 a large multifamily:

1. Investor A is in the 39.6% marginal income tax bracket. 
2. Investor B is in the 15% marginal income tax bracket.

Each dollar of depreciation is thus more valuable to Investor A than to Investor B. 

Is there a way to creatively structure this investment so that the two parties equitably maximize their tax savings and cashflow? 

Example: "A" gets all of the depreciation, and "B" gets a higher % of the cashflow.  (Possible) Result: each person gets a higher net cashflow from the property than they would under a conventional 50-50 split of depreciation and cashflow.