This is a freebee for subscribers to The Allen Letter which many community owners consider an absolute necessity.

The reason Los Angeles originally became the hub of the TV and film industry in the first place is because of the natural lighting (sunshine most of the year) which was a necessity at the time and because of the nearby environments which allowed all kinds of scenery to be filmed within a few hours of the city.need a beach scene?

Because they are the necessities for life, nothing else comes without these meet. 

But that is not representative of necessity and can be easily mitigated by going with a TK company that is NOT the PM company, as I have done.  

Much of the remaining 3-days were spent talking about the necessity of “mentors,” increasing our credit limit and purchasing additional training provided by Premium Financial Training.

I see a lead paint program as a necessity to force landlords to update their properties, many owners will have to decide if they will re-paint or install vinyl siding/windows or dump their properties to new owners who will.

Where will they get money for food and other necessities once HELOC is depleted?

The book takes a somewhat radical approach to business where instead of employing the age old formula of Sales - Expenses = Profit, it's: Sales - Profit = Expenses.It really helps put into perspective the necessity of spending and how we choose to categorize our money in terms of allocation.And what's savings after all, if not the true profits of your hard work?

@Emelie Deans Finding a CPA that specializes in real estate taxation is definitely a necessity to be able to take advantage of all the tax strategies. 

Do what best fits your business volume and necessities.