Expense deduction on new rental

I purchased a home in 2024 that will not be available to rent until 2025. I understand the improvements and cost basis, etc. My question is: I purchased this home in the name of my llc, we file a 1065/partnership return. From what I researched, it looks like the mortgage interest and property taxes paid have to be added to the cost basis in 2025. Since I do not itemize on Schedule A and we file a 1065/partnership return, I believe this is accurate?

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