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.
The IRS allows landlords to claim depreciation over time to offset the rental income landlords should make on the property. Claiming Depreciation on Your Federal Taxes. On Schedule E, landlords need to disclose their rental income and any expenses.One of the largest possible expenses on this form is depreciation. When claiming depreciation on a rental property, it's important to use only the value of the structure on the property and not the land value of the property.he IRS allows landlords to claim depreciation over time to offset the rental income landlords should make on the property. Claiming Depreciation on Your Federal Taxes. On Schedule E, landlords need to disclose their rental income and any expenses.