"Given the fact that the level of retaliation next year would likely increase, we have protected the market for a significant level of goods and intellectual property rights going forward."
VOA: standard.2010.04.28
Management costs refer to propertylevel expenses, such as utilities, cleaning, taxes, etc. as well as any costs to manage the property.
Either way, your real estate holdings are taxed on a pass-through basis: no income tax is paid at the propertylevel, and you pay personal income tax at ordinary income rates.