Thank you for choosing TurboTax. Depending on the nature of the expense will determine how the transaction is treated. Expenses that bring the property back to its original condition can be expensed within the tax year. On the other hand, expenses that improve the property beyond its original state and improve its value should be claimed over several tax periods.
Therefore, we are not able to provide a specific line to address your question. I am recommending you consult with one of our tax experts who will guide you on the matter.
Please use the link below to access their services:
https://turbotax.intuit.ca/personal-tax-software/live-catalogue.jsp
