I've been doing my own taxes for years and can tell you that a couple single-family rentals on your Schedule E is not rocket science.   

wow, thanks, amazing...what a christmas...Originally posted by @Lynnette E.

We plan to deduct 1/5 of the total ($2444.80) on the Schedule E for each 1-BR unit.

Can I put the mortgage interest as a deductible for my real estate property in Schedule E under other section.

For rental income reported on your schedule E, a different calculation will be used.Your current primary residence can also be converted to a rental. 

@Derrick E.

. ;)All your losses are on Schedule E.

we have had pipe breaks this winter but were are covered with our extended policies. this no doubt will come down to this PM's E and O insurance. 

This deduction is typically claimed on Schedule E of your tax return.Points Paid for Refinancing: If you paid points to refinance your rental property, you usually must deduct the points over the life of the loan.

Quote from @Jeff E.: Here is a link to an explanation of what is covered in a good STR policy.