You will want to list the full amount of the cost as a capital improvement. However, if the full cost was less than $2,500, you can make the safe harbor election and expense the entire amount in the current year.
If the 1099-MISC from the management company already includes the installation expenses (so you have a net amount), then you would just need to expense (under repairs and maintenance) the cost of the flooring itself.
Otherwise, if the 1099-MISC from the management company shows the full amount of the rent or you do not get a 1099-MISC from the management company, then just report the full amount of the rent and include the amount deducted for the installer (plus the flooring material costs) as either a repair cost (if electing the safe harbor election) or as a capital improvement (and list under the asset section).
Please see the information below about the safe harbor election.
https://ttlc.intuit.com/replies/5361755
