If you make repairs as part of an extensive remodeling or restoration of your property, the whole job is an improvement. In that case, you should capitalize and depreciate the repair costs as the same class of property that you have restored or remodeled.
You get the same deduction , however it is spread out over time.
At the "Your asset summary" page for your rental ; little grey button generally to the lower left of screen "add an asset" click it ,
After you click add an asset screen
"Describe This asset"
Select "Rental Real Estate Property"
Continue
Next screen:
'Tell us a little more About your rental asset"
select "Residential Rental Real Estate"
Continue on out and in put data for a 27.5 year depreciated asset.
New carpet , appliances and inlaid are a 5 year property.
