Structuring Closing Agreement to Increase Amount Depreciated

[TJ Denbleyker]

Does anyone know of or have experience with shifting value from land to the actual structure/building when closing on a property so you can depreciate more of your capital over the 27.5 years? I've been told that this is possible through shifting the values on the closing agreement rather than stating a lump sum for both the land and the improvements/building and would be done on the sellers side for the buyer at no loss to them.