Sam owns a small apartment building. This is the only rental building that Sam owns. During the year, Sam incurs the following expenditures. Discuss the proper tax treatment of each expenditure

Item	Amount	Expense or Capitalize	Basis for your decision
Replace roof and roof underlying structure because of building code requirements	$80,000
Repaint the exterior	$9,000
Repair door handles and door locks	$1,000
Replace broken windows	$1,500
Replace crumbling sidewalks and stairs because of building code requirements	$47,000