Cashflow is a necessity, but it's not just solely about cashflow. 

I try and use whatever card will reward me the most for purchasing necessities (gas, groceries, etc).   

The guest experience is paramount; whereas most landlords and property management companies pay little attention to the long term tenant experience beyond the basic necessities.

In my mind, it's really only gouging if the price has no relation to cost, it's a necessity and there's no reasonable alternative.

This was out of financial necessity.

I didn’t have enough money for renovations on my first deal last year so I basically gambled on bitcoin / ethereum until I had tripled my initial $2500 dollars and then pulled it out due to the necessity of paying the contractors.

@Adam Fiore You do need to get the policy from the right company, but you can outpace your loan from the insurance company.There’s some debate about this in the industry, but there’s a few things I look for:1) Dividend earning whole life ( this is an obvious necessity- whole life from a stock company won’t pay enough)2) Non-recognition loans - this means the company pays your full dividend regardless of the loan you take3) Low cost loan.

Furthermore, you must prove the necessity of every deduction to a judge.

I am unmarried, very frugal (only spend on investing, necessities/essentials, and travel), and I recently bought a house worth approx $320,000 at a 5% interest rate (with $5k in equity already) - I used an FHA loan as I plan to live there for a year, refinance into conventional, and then move on to my next investment.For my next investment, I am unsure of which is wisest considering the following: I currently owe $85k on student loans, my salary is $85k/year (not including EOY bonus), I have approximately $52k invested (stocks, index funds and CD's), no credit card debt, and no car debt.

Schools is a huge bonus, not a necessity.5.