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.
Only for a very limited amount of time each year if you want the chance to fully deduct losses on your rental property. To be treated as a rental property for tax-loss purposes, your personal use of the place can't exceed 14 days or 10% of the days the unit is rented during the year, whichever is greater.our cost basis in the property is generally the amount that you paid for the property (your acquisition cost plus any expenses), including any money you borrowed to buy the place. If you are converting your property from personal use to rental use, your tax basis in the property is calculated differently.