Lea user can create projects

A logged in user can create a new project.
I'm guessing no, for tax reporting reasons. Kickstarter doesn't (https://www.kickstarter.com/help/faq/creator+questions#faq_41844).  I'm not sure exactly how to implement deleting the user, while retaining the project, though. Would it be a matter of replacing their login info with some kind of hash and killing their session cookie?