Items that can be expenses for the tax year include: replace a window, paint interior of one unit, and paint the staircase.
Items to be depreciated are: paint the exterior of the building and landscaping, replace a staircase, and replace vanity, light, and heater fan.
Here is a TurboTax Help article with more information about capital improvements and depreciation for a rental unit. This IRS FAQs discusses expense versus depreciation.
When the property is sold, all of the unused depreciation will be taken as an expense in the year of the sale.
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