Under the tangible property regulations, taxpayers may elect to apply one of several safe harbor elections. A taxpayer without applicable financial statements making a de minimis safe harbor election, specifically, may claim an immediate deduction for: 1. Property costing more than $2,500 per invoice or item. 2. Routine maintenance expenses. 3. Property costing $2,500 or less per invoice or per item. 4. Repairs to real property costing more than $2,500 per invoice