Deductions & credits

Since the trust has no Income and the expenses in questions are about $ 5K (and I think subject to 2% hurdle).....I am thinking I might be able to take the 266 section election to greater advantage by capitalizing these expenses instead - and using them to increase my LT Capital loss on the sale of the residence.  I think this might be OK for the property taxes, home insurance, utilities - although perhaps capitalizing the condo association  common charges might be a bit of a reach.  Would welcome your thoughts on this.  Again thanks so much for your assistance!