Tucson operators running Buildium often carry three different books in one instance: turnover-heavy off-campus units near the University of Arizona, workforce rentals tied to Davis-Monthan Air Force Base leases, and HOA-governed communities collecting reserve assessments alongside rent. Buildium lets rental trust funds and association dues sit in the same general ledger, which is efficient until reserve contributions and operating income start blending. We build the chart of accounts and bank mapping to keep each portfolio's money separate from day one.
We work with accountant access inside your own Buildium instance, exactly as you would grant an internal hire.
Arizona rules that apply here
Buildium's general ledger doesn't force separation between rental trust accounts and HOA reserve funds, so we set up distinct bank feeds, chart of accounts segments, and reconciliation routines for each property and each association. Reserve contributions stay tagged to their community; rent deposits stay tagged to their unit. Nothing crosses without an explicit transfer entry.
Off-campus units near the University of Arizona turn over on the academic calendar, often all at once each August. We run move-out reconciliations and security deposit accounting in batches ahead of that turn, so deposit dispositions and make-ready charges post to the right unit ledger before the next lease's rent starts hitting the same account.
Workforce and military rentals tied to Davis-Monthan Air Force Base come with PCS-driven lease breaks that don't follow a normal move-out calendar. When a tenant terminates early under military orders, we close out the security deposit and prorated rent in Buildium the same cycle, not queued behind a monthly batch, so the file is clean before the unit re-lists.
Arizona's ARS Title 33 gives landlords 14 business days to return a security deposit or send an itemized statement after move-out. Buildium tracks deposit balances by unit but doesn't calculate business-day deadlines or flag an approaching statute violation on its own. For Tucson's high-turnover student and workforce units, we log the move-out date and set the 14-business-day return deadline manually inside the property record, so no deposit disposition slips past what Arizona law requires.
Arizona ARS Title 33 requires the deposit, or an itemized deduction statement, to be returned within 14 business days of lease termination.
All Arizona requirementsHow we keep you inside it
Tucson operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your Buildium instance.
Compliant, audit-ready trust funds
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Learn moreResidential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.
Property Managers, Investors & Owner Operators
Real Estate Accounting truly is a special company. They helped as if they were a part of our company, with the concern and caution as an employee would have, but even more. They quickly ascertained our needs and developed an effective team to help with our accounting needs. They were extremely responsive and always accurate. I would recommend their services to anyone who needs help with their property management accounting.
Adam the owner took a personal interest in my situation and was willing to work with me to see if his company was a good fit. I may be too small for them but I would highly recommend them to anyone considering a bookkeeper for their property management business.
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!
No. ARS Title 33 requires a landlord to return a deposit or send an itemized statement within 14 business days of move-out, but Buildium doesn't calculate that deadline for you. It stores the deposit balance and lets you log a disposition date. We build the 14-business-day countdown into our move-out checklist for each Tucson property so the deadline gets tracked outside the software, not inside it.
Not by default. Buildium allows one database to hold rental trust funds and HOA assessment and reserve funds side by side, and it's easy for a reserve transfer to land in the wrong ledger without a dedicated chart of accounts. We set up separate bank accounts, GL segments, and reconciliation checkpoints per property and per association so rental and HOA money never mix inside the same instance.
Yes, but each needs its own rhythm inside Buildium. Student units near the University of Arizona need batch move-out processing around the academic calendar, Davis-Monthan-area leases need mid-cycle closeouts for PCS terminations, and HOA communities need reserve versus operating assessment tracking. We configure separate workflows for each inside one Buildium instance instead of running all three portfolios through a single generic process.
Other Arizona markets, the platforms we work in, and the functions available on their own.
Schedule a call and we will review your Buildium setup, your Arizona deposit handling, and what it takes to close clean every month.