Is siding to replace rot an improvement or repair

[Wesley C.]

I've got a house with fiber board siding that is rotting on three sides of the house.  I'm going to put vinyl siding on the three sides of the house that are rotting and and leave the front of the house fiber board because it is in great shape and it cosmetically looks better than vinyl.  Can I deduct this as a repair or is this considered an improvement.  Thanks for your thoughts.

[Brandon Hall]

@Wesley C.

Can you time the repair towards year end? Perform half of the repair in 2015 and half in 2016? If you can do that, I'd be inclined to call it a repair in both 2015 and 2016 rather than a capital improvement under the new Final Tangible Property Regs.

Also, how much is the repair going to cost you, what is the total dollar value of all repairs completed for this property throughout the year, and what was the property's purchase price plus improvements?