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IMHO, nothing you are doing is a capital expense as all are repairs of damage by one tenant to prepare to lease to the next. An addition, new roof, etc....are capital. It is better to deduct now from current income/rent. If it is newly purchased by you to rent, then add repairs made to the basis (for depreciation) if made before putting into service (up for rent).
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Last edited by fintstone; 10-08-2019 at 01:21 PM..
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