Registering DC Condo Before Renting?

[Anonymous]

Hello, we're moving to VA, and will be renting out our Logan Circle condo (which will be our only rental property) - wondering how many people jump through the hoops of getting DC business license, and having rental unit registered with DCRA. Anyone not do this, and regret it?

[Anonymous]

If they catch you, you can be fined a heavy amount. Don't risk it.

[Anonymous]

I also think that, if you ever run into a problem with a tenant, you'll have a much harder time seeking any recourse if you have not registered.

[Anonymous]

It's very easy to register & get the bus license. Thn you basically pay an unincorporated business tax annually.

[Anonymous]

I was too much of a chicken to rent out my Logan condo without registering but I found the process overwhelming. I used a service called RentJiffy. They were fabulous -- knew all of the rules and processed all the paperwork. I don't remember how much they charged but it was worth every penny for me. This was a few years ago -- I hope they are still in business!

[Anonymous]

OP here - thanks for the responses! My husband has contacted RentJiffy - there are still in business and have great online reviews.

[Anonymous]

Glad to hear they are still in business. As I think about it more now, the only real annoyance was going through the inspection process. Make sure that you follow the inspection requirements exactly. We were in a new construction building so weren't too concerned, but we got a tip right beforehand to make sure that the fire extinguisher was installed on the wall before the inspection because that is a basis for failure (and the need to reschedule an inspection). Under the sink is not good enough -- must be affixed to the wall!