Examples of deductions, a portion of which may be properly allocable to Gross Investment Income, include investment interest expense, investment advisory and brokerage fees, expenses related to rental and royalty income, tax preparation fees, fiduciary expenses (in the case of an estate or trust) and state and local income taxes.NET INVESTMENT INCOME: Determine the amount of your net investment income by subtracting your investment expenses (other than interest expense) from your investment income.

As I prepare to take the final steps (probably in the next 12 months or less) I'm trying to answer a couple nagging questions I have.  

You might attend a few and come prepared to explain your background, real estate experience, what in general you bring to the table, and why someone should loan you money.

I am interested in tax preparation for 4 properties held in LLC.

There might be some minor things that need to be done to prepare for the new service for which a small generator would likely be cheaper than a temporary service (and useful elsewhere).

In 50 years, I have never had to go to Court for deductions to security deposits, but if I do, I will be prepared.  

In this REI business anyone could be sued anyways but to what extent and how do you make preparations for this....No matter the preparation..

You win some and lose some.I was ecstatic @Joel Owens, because I was prepared to pay 175!

Snow removal, an issue in Chicago (this alone can take a few hours a week unless you outsource it)) Vacancies, as mentioned above the preparing, showing, screening are probably the most time consuming parts) Maintenance/Repairs, these can vary... for example, if you are painting this rascal this summer, your hours will skyrocket.

You may have to eat the cost of the treatment for preventative maintenance purposes and possibly divert the cost of treatment to the tenant should they not follow proper treatment preparations resulting in the pest control company not able to perform the service.