Asked by: Stevens Yachmenevreal estate real estate renting and leasing
Can you rent an apartment under your business name?
Last Updated: 4th March, 2020
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Also to know is, can you rent an apartment under an LLC?
A limited liability company, much like a corporation, is a business entity regulated by states that is distinct from its owners and can enter into contracts. As a result, an LLC can rent an apartment. However, even though the LLC is registered with the state, you still have to do your due diligence.
Secondly, can I rent a home using my business name? Of course you can lease under your company EIN, but you must use your company name. A corporation can enter into a commercial or residential contract. However, its going to have its own credit history. Most residential landlords want personal credit history regardless.
Furthermore, can I rent an apartment under my business?
A: Provided your corporation's by-laws permit the leasing of real estate (typically by-laws do) then renting under a corporate name is possible.
Is a renters Identification Number Legal?
RINs are commonly used by celebrities, members of congress, individuals involved in witness protection program and those who may have experienced identity theft. Currently the U.S. Government allows you to apply for a renters identification number. But you are not allowed to abuse these numbers.