If you sign an exclusive agreement with a single agent for a specified period of time and/or a broad geographic area you are obligated to adhere to that contract.

Instead of having one roommate carry the lease and hold all financial responsibilities ( and then playing debt collector with the other roommates), the property management simply had all four of us sign our individual leases, and we were all exclusively responsible for our own share.Unfortunately I don't have much experience to offer other than that, but if I were you, I would simply draft up a lease nearly exactly like you would with the 1/1's, but for each roommate assuming 33% of utilities, common area damages, etc...

However, the income tax you will be paying is capped at the Capital gains rate and/or the depreciation recapture rate.At the federal level the capital gains rate is 0%, 15% or 20% depending on your income tax bracketThe depreciation recapture rate is 25%the $250,000 exclusion applies to your personal residence.

Hi Rafi,There are a number of agents in the Cleveland area that can help you;@Matthew King - Deals almost exclusively with multifamily; low rise to high rise.

The closest anyone got to convincing me was an individual who markets exclusively as an executive/corporate housing provider.

Also, whatever you do, don't sign an "Exclusive Agreement" with any realtor.

I understand that the Maryland Security Deposit Law requires landlords who collect security deposits to deposit the funds collected, within 30 days of receipt, into an interest-bearing escrow account that is used exclusively for security deposits.Which companies do you use to hold your security deposits?

Luke Miller: I've never had an issue with taxes because we've been a resident of the US exclusively since 1998.

Michael Siekerka - not sure where you're coming from on this, we hold a ton of conventional financed properties in two LLCs, one of which is almost exclusively multi-family.Dennis Nemitz - everyone is going to have a different opinion but if you intend to grow, I would do an LLC up front.

Hi BP community, My husband and I will be selling our California home early next year and are expecting to have capital gains above and beyond the 121 Exclusion of $500K.1.