Real Estate Accounting in Juneau
Juneau is not connected to the road system, which changes the economics of everything a property manager does and makes the timing assumptions inside a deposit process unrealistic.
Proud AppFolio Stack™ Partners, working directly inside your AppFolio instance.
Alaska rules that apply here
- Deposit return deadline
- 14 days clean, 30 days with deductions
- Statute
- AS 34.03.070
Why Alaska Real Estate Professionals Choose REA
AppFolio Expertise, Applied to Juneau
Experts in AppFolio Bookkeeping
Materials and contractors are constrained by barge and air schedules, so a repair that would take days elsewhere can take weeks. Alaska's 30-day deduction deadline does not adjust, which means the itemised statement is frequently produced against a cost that has not yet been incurred. The charge therefore needs a defensible basis at the time it is made, and a pre-established schedule of rates does that work far better than a quote nobody can obtain in time.
Assigned, Responsive Team
Freight also belongs in the cost properly. Where a repair genuinely requires shipped materials, that cost is part of the repair rather than an overhead to be absorbed, and it should be visible in the itemisation rather than buried, because an unexplained charge at Juneau prices invites a dispute that the same charge with its basis would not.
Accurate Monthly Bookkeeping
Custody is unchanged by remoteness: a trust account with a bank, savings and loan association or licensed escrow agent, with the 14-day clean path and the 30-day deduction path both running from the tenant returning possession.
Deposit Compliance for Juneau Portfolios
AS 34.03.070
Alaska 34.03.070 sets TWO deadlines by outcome: where no deductions apply, the refund and itemised statement are mailed within 14 DAYS of the tenant returning possession; where deductions are taken, 30 days. A wilful failure on either the deadline or the itemised notice exposes the landlord to twice the amount wrongfully withheld.
Deposits and prepaid rent go promptly into a TRUST ACCOUNT with a bank, savings and loan association or licensed escrow agent. The cap is unusual: deposits and prepaid rent COMBINED may not exceed two months' rent where monthly rent is $2,000 or less, and where rent exceeds $2,000 the statute imposes NO maximum. The constraint therefore switches off above a rent threshold, so one portfolio can hold capped and uncapped tenancies and the test is the rent rather than the unit.
All Alaska requirementsHow we keep you inside it
- Deposit liabilities tracked per tenant in AppFolio, so a 14 days clean, 30 days with deductions deadline is answerable from the ledger
- Trust accounts reconciled three ways every month
- Deduction documentation recorded against the correct ledger
- Aging deposits flagged before the statutory window closes
Appfolio Bookkeeping Services from REA
Available to Juneau Operators
Trust Bookkeeping
Leverage Appfolio's powerful bookkeeping capabilities with REA's tailored service.
See how it worksCorporate Bookkeeping
REA's skilled team, in combination with Appfolio's comprehensive toolset, addresses the complexity of your corporate financial activities.
See how it worksBank Reconciliations
Employing Appfolio's state-of-the-art system, REA offers bank reconciliation services that brings meticulous accuracy to your finances.
See how it worksFinancial Diagnostic Cleanup
REA utilizes Appfolio's advanced diagnostic tools to swiftly and effectively troubleshoot financial anomalies.
See how it worksTrust Compliance
REA pairs its accounting prowess with Appfolio's detailed reporting to deliver comprehensive Trust Compliance Verification services.
See how it worksAppFolio Accounting & Bookkeeping Services
For Juneau Portfolios
- Process Review & Set Up
- Bank Reconciliations
- AP / AR
- Accurate NOI, Balance Sheets
- Recording HUD's & Accruals
- Owner Distributions
- Monthly Statements & Reports
- Management Fees
- Corporate Bookkeeping
- Tenant Chargebacks
Take the Whole Close, or One Function
Juneau operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your AppFolio instance.
Trust Accounting
Compliant, audit-ready trust funds
Learn moreBank Reconciliation Services
Three-way reconciliation, every account
Learn moreAccounts Payable & Receivable
Bills paid, rent collected, owners paid
Learn moreBookkeeping Cleanup & Catch-Up
Back books fixed and current
Learn moreCAM Reconciliation
Annual commercial true-ups
Learn moreExperts In All Property Types
- Single-Family
- Multifamily
- Student Housing
- Affordable Housing
- Community Associations
- Commercial
Experts In All Property Types
Residential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.
- Single-Family
- Multifamily
- Student Housing
- Affordable Housing
- Community AssociationsSee the page
- CommercialSee the page
Check Out What Our Clients Have To Say About Us
Property Managers, Investors & Owner Operators
Following a series of erroneous financials from my previous bookkeeper, who lacked expertise in real estate, it's been truly remarkable to receive not only accurate financials on a consistent basis but also proactive advice without prompting. The REA team is a game-changer in real estate accounting!
As REA exclusively specializes in Real Estate, I rest easy knowing my financials are precise every month while saving money at the same time, an invaluable benefit.
I highly recommend Real Estate Accounting (REA) services from this group. They truly are great and have helped us tremendously at a time we needed it the most. I felt very comfortable giving up all my accounting responsibilities to this team and I'm still glad I made the decision to work with this group. Nothing less than an amazing experience!
Frequently Asked Questions
Repairs take weeks here. How does that fit a 30-day deadline?
It usually does not, so the itemisation is made against a cost not yet incurred. That requires a defensible basis at the time, and a pre-established schedule of rates does that better than a quote you cannot obtain in time.
Should freight be included in a repair charge?
Yes, where the repair genuinely requires shipped materials it is part of the cost. It should be visible in the itemisation rather than buried, because an unexplained charge at local prices invites a dispute the same charge with its basis would not.
Do the deadlines differ for us?
No. Fourteen days where no deductions apply and 30 where they do, both running from the tenant returning possession, with the funds in a trust account throughout.
More in Alaska
Other Alaska markets, the platforms we work in, and the functions available on their own.
AppFolio Bookkeeping for Juneau
Schedule a call and we will review your AppFolio setup, your Alaska deposit handling, and what it takes to close clean every month.