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Is it legal to rent and apartment and rent it out to someone else for more?

Is it legal to rent and apartment and rent it out to someone else for more?

Public Comments

1. that is called subletting and is routinely prohibited in your lease.
2. Yes. Do it. What a good idea, nobody has ever thought of that before. There's no risks, and landlords all have double-digit IQ's and would never catch on. Seriously. Do it, genius.
3. if your allowed to sub let then yes
4. Yes
5. Only with written permission from landlord. Now if you'll get more, he'll want it. Your lease probably covers this.
6. It is only legal if you have a contract with the actual owner approving it. It will not work out so well though, as you will have to pay income tax on the full amount of rent you collect, and you do not get any write offs because you don't own squat. Only the owner gets to write off the mortgage. Unless you can rent it for more then the rent you pay plus federal income tax plus your state income tax you will be out of pocket with this brilliant idea.