DBA for property management in Connecticut (CT) for rental

[Philip Pape]

In Connecticut, I understand that property managers hired by property owners must be licensed.

One of the exceptions is if you're managing your own property or you're an on-site employee managing the property.

Here's my question. If I buy a property with a partner under a 50/50 LLC, can I setup a separate DBA to receive rent checks that are simply passed through 100% to the LLC (e.g., there's no fee for the property management service)?

Alternatively, can I just setup a DBA or assumed name for the LLC itself and use that?

[Amber Gonion]

Your law sound similar to mn state law. The intent of the law is to keep people without knowledge of fair housing, deposit funds, etc from setting up shop without a licensed broker overseeing them.

The law is meant to protect the investor and renters (the exception is for the owners is because it isn't right for a owner to not to be able to rent there own property and would result in many properties being empty for longer periods)

As an owner setting up the dba is not circumventing anything so long as you have an interest in the property. We set up dba llcs for each individual property.

This is just my understanding of the law in my state. Be sure to speak to an attorney to be sure.