In English (both US and UK, and I think other forms as well) the possessive can indicate ownership, use, or relationship. The same grammatical forms are used in all of these senses, the difference must be indicated by context.
"My apartment" may mean that I own it, or that I rent it, or that a friend owns it and I just live in it.
"My wife" indicates the person to whom I am married. It indicates a relationship, but not (one hopes) ownership.
"My neighborhood" means the area I live in. It is unlikely to mean that I own it.
"My company" probably means the company I work for or am in some way associated with; it could mean that I own the company, but usually not.
"My money" usually means the money I own, but could just possibly mean that the speaker is a designer of currency.
"His picture" could mean that he owns it, that it is a picture of him, or that he painted or took it. "His picture of the Grand Canyon" probably means that he painted or photographed the canyon. "His picture on the ten-0dollar bill" means that it is a picture of him, and (in the US) that he is an ex-president. "His picture that he insured for $50,000" normally means that he owns it.
"My country" means the country in which i live, and quite possibly the country to whch i give allegiance. Unless the speker is a monarch or dictator, it does not indicate that the speaker owns or controls the company.
"My God" means the god that I worship or revere, not (normally) the god that I own.
"my apartment building" most often means the building in which i live, but could mean the building that I own. There is no way to tell without additional context.
"my apartment's building" doesn't mean anything at all, it is an error of grammar.
I remember an SF story in which an alien species was amused that in English "my leg", "my pants", "my wife", and "my nation" all used the same grammatical form; in their language each was distinct.