The overhead and indirect expenses should be allocated among the properties on Schedule E. 

@Edly Destine Yes here in NY the tenant protections are among the strongest around.

Word of mouth among the future classes of med students can be a killer tenant stream!

Among the core members of the team (agent, lender, CPA, attorney, etc.), which should I reach out to first?

But, we can blame BP for helping propagate that myth among the gurus and others. 

As you know, these are akin to hotels/lodging and you have significant cycle risk/exposure with short-term rentals (i.e. they are one of the first asset classes to suffer when there is a downturn, they are among the classes that go down the hardest, and they are among the ones that take the longest to come back afterwards).

Department of Housing and Urban Development (HUD) is among the 9 federal agencies impacted by the shutdown.HUD allocates 100% of the funding to public housing authorities (PHAs) that administer the Housing Choice Voucher (HCV) Program nationwide.

Among the facts considered are the taxpayer's efforts to rent the property; the maintenance and repairs supplied by the taxpayer or an agent of the taxpayer; the taxpayer's employment of labor to manage the property or provide services to tenants; the purchase of materials; the collection of rent; and the payment of expenses . . .

To be among the new intellectuals of the 21st century, to challenge the conscience of humankind, to write my name in letters firm and bold in history as a great and original thinker...I am reduced to a tragic, pathetic figure wheezing on the dust of construction debris, hands calloused and gnarled to tell a tale of innumerable tasks, back stooped after Herculean labors, misery made flesh, all in the name of love.Tale as old as time.

Am I supposed to allocate the depreciation amt among the 4 properties, add the vehicle as its own "property", put it all into the depreciation for only one property etc.