Welcome to The Brick Restaurant & Tavern. Located on The Circle in Georgetown, Delaware, just 15 miles from Delaware beaches. Our 5th Annual Farmer & Foodie Festival is Saturday, September 13th from 10 am â 4 pm. During this time, The Brick will not be serving the regular lunch menu but instead will be offering a limited, festival menu that can be enjoyed in any of our outdoor areas.
Expenses to Obtain a Mortgage. You canât deduct as interest any expenses you pay to obtain a mortgage on your rental property. Instead, these expenses are added to your basis in the Â­property and depreciated along with the property itself.These basis Â­adjustments include: 1  abstract fees. 2  charges for installing utility services.xpenses to Obtain a Mortgage. You canât deduct as interest any expenses you pay to obtain a mortgage on your rental property. Instead, these expenses are added to your basis in the Â­property and depreciated along with the property itself. These basis Â­adjustments include: 1  abstract fees.
This part explains what you can deduct as home mortgage interest. It includes discussions on points, mortgage insurance premiums, and how to report deductible interest on your tax return. Generally, home mortgage interest is any interest you pay on a loan secured by your home (main home or a second home).The loan may be a mortgage to buy your home, a second mortgage, a line of credit, or a home equity loan. You can deduct home mortgage interest if all the following conditions are met.educt the home mortgage interest and points reported to you on Form 1098 on Schedule A (Form 1040), line 10. If you paid more deductible interest to the financial institution than the amount shown on Form 1098, show the larger deductible amount on line 10.