Syndication Tax Question

[Sam Liberow]

Hello, I’ve had some clients interested in investing in a syndication using their Self Directed IRA, and the following came up that I’m very curious about - your help would be appreciated. If I’m a general partner/sponsor of a syndication, can I control how much depreciation is given to investors/limited partners? The reason I ask is because a handful of clients that are interested in investing are using self-directed IRA funds (through Pensco or Entrust), and therefore cannot take advantage of the depreciation - being that its retirement money and they don’t have deductions/losses to use. That being said, is there a way to use the depreciation that they “can’t” utilize, and let it benefit the investors that can use it?