Perhaps it is the improvements versus repairs issue with rental properties that might be confusing. A repair would be taken in the year the cost was incurred. However, an improvement to the rental property adds to the basis (value) of the property - and that would be depreciated starting when the property is available for rent. There is a paragraph in the article called "Can I deduct improvements or repairs?" I will send it again here:
Rental Property
It also gives examples of what would be considered a repair or an improvement.
I hope this helps eliminate confusion!
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