The reasons for why you may be choosing to rent an apartment or a car may vary. It may be that your move is of a temporary nature or that you do not have the necessary time to shop around to buy right away. And while renting may seem like an easier and perhaps even cheaper option in the short or even long-term, this does not mean that it is not without its pitfalls.
When renting, it is recommended that you use every means at your disposal to get a contract that fits the timeline that you will be renting. Consider the different tax implications between owning and renting, and always have a lawyer look at the agreement if you are not sure of its validity or wording.
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