I
am of the opinion that is a new capital asset and is normally depreciated over
27.5 years. However under new de minimis rules, you are able to deduct the entire
cost in the year of purchase. You do not enter as repairs, but enter under
assets. The TurboTax interview will get you the deduction and fill out the
forms properly.
For details see: https://ttlc.intuit.com/questions/3266204-de-minimis-safe-harbor-election?jump_to=answer_5361755
