Timeframe after closing to patch mend repair interior items

[Andrey Y.]

I thought about posting this in the tax forum but realized this is more along the lines of a general or landlording topic.

Do you guys do patch/mend/repairs on a property shorty after escrow to count it as the "cost basis" for the property, or wait a little while (with or without tenants already in place) to do it and just count it as a repair for that year. As an example (fixing vinyl flooring in the kitchen).

I THINK it would be more advantages to do the latter from a tax standpoint, but likely there are subtlties and other viewpoints to consider.