I want to stress again that you don’t have to run a business to have a business checking account, to own real estate or a car in a Business Name. All you need is paperwork that proves the business exists. Your business will be legal and valid if you have done the proper paperwork and obtained an EIN. However, the business doesn’t have to do anything specific.
Let’s say you open a business checking account for a business you just started. Then it does not work out and you never get the business going. You don’t have to close the business checking account. You can keep that checking account forever. Ninety percent of new businesses fail so this is a common happening.
The situation is similar for real estate and cars. You bought the house in the company name or the car in the company name and then you never got the business off the ground. You don’t have to sell the house or the car or change the ownership on the title or deed. You can keep them in the name of the company that never got off the ground and do so forever. Just pay taxes on the real estate and the registration fees on the car every year and you have no worries. You had intended to start a business and it just never happened but you still get all the anonymity benefits from the business that never was.