Understand business entities in Rentari
Keep your legal structure and Rentari's entity record separate.
On this page
Before you start
- Use the legal name and type shown in your official records.
What an entity record means
Your legal structure describes how you operate your rental business. Rentari's entity record stores the collecting person's or organization's details. Saving it does not form a company or transfer property.
Choose the recorded type
The Type field offers Personal (sole proprietor), LLC, S corporation, C corporation, Partnership and Trust. Use the choice that matches your official records; selecting one does not change your legal or tax status.
Consider the structure separately
Discuss ownership, liability, tax treatment and succession with a qualified adviser. Fees, filings and ongoing administration depend on the structure and location. Rentari does not determine which structure is right for you.
Record the existing details
When your details are settled, follow Add a legal entity for rent collection below. Review the legal name, type and other requested fields against official records. Payment-provider verification and bank setup remain separate.
Check the result
- You can distinguish the legal structure, the Rentari entity record and payment-provider verification.
FAQs
Does Add entity register an LLC?
No. It saves a Rentari record. Legal formation is separate.
Does a saved entity automatically enable collections?
No. Follow the provider's readiness steps and check the intended payment destination.