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Deductions & credits
Most of the costs of the purchase of the property would go to your cost basis.
Deductible closing costs are those for interest, certain mortgage points, and deductible real estate taxes. Your list does not include these items.
Many of the settlement fees and closing costs for buying the property become additions to your basis in the property and part of your depreciation deduction, including:
Abstract fees:
GRMA Fee to State of Georgia 10
ICL Charge to Chicago Title Ins Co 50
(I am not exactly sure what these fees are but you have them listed as abstract fees. )
Charges for Installing Utilities: City of Atlanta Water Deposit 8/12 80
Legal Fees: Legal Fees, Title Search, Document Prep Attorney Fee $775
Recording Fees: Recording fees to Clerk of Superior Court 56.50
Survey Fees: There are no survey costs in your list
Transfer Taxes: Deed Transfer Tax to Clerk of Superior Court $500
Mortgage Intangible Tax to Clerk of Superior Court $1125
Title Insurance: Title/Tax Exam & Review Fee $225
Title Bind Fee $75
Lenders Title Insurance $1011.25
Owner's Title Insurance $1368.75