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Updated over 2 years ago on . Most recent reply
Creating a short term rental property management company!
Currently in the process of creating a short term rental property management company in MN. My business partner is a real estate agent with a brokerage in our area. Does business from the company have to go through the brokerage he is a part of? Or can we file an LLC and operate because he simply has his real estate license in the state of MN?
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Andrew Steffens
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Andrew Steffens
#1 Short-Term & Vacation Rental Discussions Contributor
Agent
Pro Member
#1 Short-Term & Vacation Rental Discussions Contributor
- Tampa, FL
In FL since it is considered transient rentals you do not need a license. It is state by state so I would check with your states Department of Real Estate. Also in FL practicing Real Estate without a license is a felony, so making sure you are compliant with your states rules are a big deal
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