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.
Landlords reap the benefits of rental property tax deductions more than tenants. If you rent an apartment or house, you may be looking for a rental tax deduction. Unfortunately, renters cannot deduct rent payments from your federal return. The property owner has it better off when it comes to the tax benefits of rental property. Landlords should report all rental income and deduct all out-of-pocket rental property expenses including maintenance, insurance, tax and interest in full, according to the IRS. Itâs not all bad news, however, for all the renters out there. Some states offer a rental tax deduction and there may be other federal deductions renters can claim. Letâs take a look at some other tax deductions you may be able to take.