REA.co Real Estate Accounting & Tax

Outsourced Buildium Accounting and Bookkeeping For Property Managers

At REA, we specialize in Buildium accounting, offering unparalleled support to expanding property managers overseeing 200+ doors. Our mission is to enhance your profit margins and streamline your operations.

Want to manage more properties without the extra headache of monthly accounting? Let REA handle the numbers so you can focus on growing your business.

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Our Buildium bookkeeping solutions cover everything from bank reconciliations to accounts payable and reporting. Designed for the scaling property investor and manager, we deliver on-time, accurate financials at a savings of up to 50% compared to the cost of internal staffing.

200+Doors and Scaling

Up to 50%Saved vs In-House

230+Property Accountants

Why Top Real Estate Professionals Choose REA

Rentals and Associations, Kept Properly Apart

Experts in Buildium

Our team of seasoned accountants possesses extensive experience in Buildium bookkeeping. Allow the specialists at REA to navigate the complexities of the accounting software, freeing you to concentrate on expanding your portfolio.

Dedicated Team

Our commitment to you includes timely responses, forward-thinking guidance, and accurate financial statements ready for any audit. By choosing REA, you gain not just a service provider, but an integral extension of your accounting department.

Accurate financials

Every month we deliver meticulously categorized transactions and flawlessly reconciled bank statements. Trust in REA to ensure the accuracy and completeness of your Buildium financials, empowering you to make informed decisions with confidence.

Buildium Bookkeeping from REA

Done Inside Your Buildium Instance, Not Exported Out

Trust Bookkeeping

Leverage Buildium's powerful bookkeeping capabilities with REA's tailored service.

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Corporate Bookkeeping

REA's skilled team, in combination with Buildium's comprehensive toolset, addresses the complexity of your corporate financial activities.

Daily Bank Reconciliations

Employing Buildium's state-of-the-art system, REA offers daily bank reconciliation services that brings meticulous accuracy to your finances.

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Financial Diagnostic Cleanup

REA utilizes Buildium's advanced diagnostic tools to swiftly and effectively troubleshoot financial anomalies.

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Trust Compliance Audit

REA pairs its auditing prowess with Buildium's detailed reporting to deliver comprehensive Trust Compliance Verification services.

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1099 Filings & Tax Preparation

Vendor and contractor 1099s prepared and filed on time straight from your Buildium data, plus federal and state return preparation, entity returns and K-1s, and year-round tax planning handled by REA's in-house tax team.

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The Full Scope

  • Process Review & Automation
  • Accounts Payables
  • Monthly Statements & Reports
  • Bank Reconciliations
  • Accurate NOI, Balance Sheet
  • + 6 more below

Buildium Accounting and Bookkeeping Services Offered

  • Process Review & Automation
  • Accounts Payables
  • Monthly Statements & Reports
  • Bank Reconciliations
  • Accurate NOI, Balance Sheet
  • Recording HUDs & Accruals
  • Accounts Receivables
  • Owner & Lender Draws
  • Corporate Bookkeeping
  • Management Fees
  • 1099 Filings & Tax Preparation

Also available on its own

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One Instance, Two Kinds of Money

The Defining Accounting Risk on Buildium

Buildium serves small and mid-sized residential operators and carries association management alongside rentals. That means a single instance often holds both rental trust money and HOA assessment money, and the platform will let you run them together without ever objecting.

What it does well

Rentals and associations in one system

Not many platforms handle rental portfolios and community associations in the same place, and for an operator running both it removes an entire second system. The general ledger is straightforward, and the reporting is accessible to a smaller team without a controller on staff.

Where it breaks

Fund segregation becomes a discipline, not a default

Because rentals and associations share an instance, keeping the funds properly separated is something your process has to enforce rather than something the software guarantees. Reserve contributions and operating assessments get commingled in the ledger, and it usually surfaces at the worst possible moment: an association audit or a reserve study.

How we work it

We audit the rental and HOA boundary first

On a Buildium engagement the first thing we establish is where rental money ends and association money begins, and whether the existing ledger respects that line. In association-heavy markets that single question accounts for most of the catch-up work we end up doing.

Buildium Bookkeeping, Vertical by Vertical

Pick the Business You Actually Run

Buildium behaves differently depending on what you run through it. Each page below is the specific version for that business.

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How REA's Monthly Buildium Accounting Works

Review, Then Close, Then Report

Start With a Call
  1. 1

    We review your Buildium instance

    Upon receiving accountant access to Buildium, we will begin by getting a complete understanding of your business and what the current issues are. We'll make sure the account is setup correctly, complete any necessary catch-up bookkeeping, and audit tenant/owner statements to ensure accuracy.

  2. 2

    We begin monthly bookkeeping

    Once Buildium is 100% accurate for your business, we start our monthly Buildium bookkeeping services. We will create a finance calendar specific to your business, streamline accounting processes, categorize each transaction, and make sure every bank account is reconciled each month.

  3. 3

    We send financial reports

    Audit ready financials statements and monthly reporting lets you easily stay on top of your company financials and ensures all Trust account laws are strictly followed. If you need help with distributions, we can prepare owner and management distributions on a monthly basis. Never leave your owners or LP's in the dark again.

You Get a Team With Names, Not a Ticket Queue

Who Actually Works On Your Buildium Books

Outsourced accounting fails when nobody owns the account. At REA you are assigned a property accounting team and a client success lead who knows your portfolio, your owners, and your quirks. They stay on your account, so you are never re-explaining your chart of accounts to someone new.

Sharifa Giraldo, CPA, VP, Client Success at REA

Sharifa Giraldo, CPA

VP, Client Success

Residential Property Management

20+ years of property accounting, a CPA since 2015, and a specialist in third-party management and platform migrations.

Will Daege, VP, Client Success at REA

Will Daege

VP, Client Success

Commercial Property Management

25+ years across retail, office, industrial, and multifamily, including Portfolio Controller for The Related Companies' New York development portfolio.

How we work together

  • A named team, not a poolThe same property accountants close your books every month.
  • Reachable the way you already workEmail, phone, video, or Slack. Urgent items get answered the same day.
  • Inside your BuildiumWe take accountant access to your instance, exactly as you would grant an internal hire.
  • 230+ property accountants behind themCoverage when someone is out, and a specialist to escalate to when a lease or a trust question gets strange.

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.

Check Out What Our Clients Have To Say About Us

Property Managers, Investors & Owner Operators

Client story

Came from a bookkeeper who did not know real estate

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!

SCSara CrosbyReal Estate Investor

Real-estate-only specialists

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.

SWSteve WilkoOwner Operator

Handed over the whole accounting function

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!

TCTracy CollinsProperty Manager

Day-to-day financial operations

REA and team have been nothing but excellent helping our firm with its day to day financial needs. Their expertise, professionalism, and timeliness have made our lives so much easier. We foresee a long relationship with REA and team.

BCBrian CookOwner Operator

Onboarding and responsiveness

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.

KSKelly StanawayProperty Manager

Smaller portfolio, still looked after

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.

TSTrevor SmithProperty Manager

230+

Property Accountants

30M+

Commercial Sq. Ft.

Up to 50%

Saved vs In-House

Every month

On-Time Close

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Buildium Bookkeeping, City by City

Trust accounting rules are written state by state, and we work in all 50 of them. The 37 markets below are where we publish Buildium-specific detail on the local rule set and how we handle it. If yours is not listed, the same team still covers it.

See every market

152 cities across all 50 states

Buildium by state

Hover to preview, click a state to keep it selected.

Not seeing your city?

We work with Buildium portfolios in all 50 states, not only the markets listed here.

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Running Something Other Than Buildium?

We Work Inside Whatever You Already Have

Who We Do Buildium Accounting For

Every Vertical Has Its Own Way of Breaking

Frequently Asked Questions

How does REA ensure the accuracy of Buildium bookkeeping?

We ensure accuracy by employing experienced accountants who meticulously categorize transactions, reconcile bank statements, and perform regular audits using Buildium's robust tools to maintain precise financial records.

Can you integrate it with my existing financial systems?

Yes, REA can seamlessly integrate Buildium with your existing financial systems. We ensure all data is accurately transferred and synchronized, providing a unified view of your financial operations.

How secure is my financial data with Buildium?

Buildium takes data security seriously. It uses advanced encryption and security measures to protect your financial information. Regular backups and secure servers ensure your data is safe from unauthorized access and loss.

What are the benefits of using Buildium accounting over traditional accounting software?

It offers several advantages including integrated property management features, automated rent and fee collection, comprehensive financial reporting, and real-time data access. These features streamline property management tasks and provide a holistic view of your financial operations.

How do you access our Buildium instance?

Clients create and administer individual user access for authorized REA personnel within the client's own software environment. REA does not provide, resell, or sublicense software access. Clients retain control over access permissions and remain responsible for administering access in accordance with their software agreements and internal security policies.

Is REA affiliated with Buildium?

REA Services LLC is an independent bookkeeping and accounting services provider. REA is not affiliated with, sponsored by, endorsed by, or authorized by RealPage, Inc. or its Buildium product. REA does not provide a software interface, technical integration, or Buildium software instance.

Ready for Accurate Buildium Books?

Schedule a call with our team to learn how REA's Buildium bookkeeping services can keep your rental and association funds properly separated, your closes on time, and your team focused on growth.