Posted by Nate(DC) on July 13, 2001 at 19:14:17:
nt
Company Rental - Posted by Greg NY
Posted by Greg NY on July 13, 2001 at 11:42:20:
Hello,
Can I rent an apartment in my companies name?
If so, what are the advantages and disadvantages?
Greg NY
Re: Sure thing. - Posted by Ed Copp (OH)
Posted by Ed Copp (OH) on July 13, 2001 at 15:15:02:
Why not.
Advantages and disadvantages are varied depending on your purpose.
If there is a business purpose like housing clients etc. while doing business with them this could result in a tax deduction.
If in my case it was for the purpose of housing a “good friend” of the opposite sex, and my wife found out, Well this could result in a very serious problem that would have no useful business purpose.