Yes, allocate the repair costs among the properties using any reasonable method. Be sure to keep a record of how you calculated the expenses you report for each property.
If you allocate the shed in the same way, the individual cost for each property should fall under the De Minimis Safe Harbor amount of $2500. This would allow you to expense the cost rather than carry it as an asset for depreciation. This election appears at the beginning of the Assets/Depreciation section for a Rental Property.
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