Deductions & credits

If the rental unit was off the market for a long time then the "repairs" are not really repairs you can expense ... they are improvements that must be depreciated.  

 

What is the difference between repairs and improvements?
Here's a rule of thumb: An improvement is work that prolongs the life of the property, enhances its value or adapts it to a different use. On the other hand, a repair merely keeps property in efficient operating condition.