Denver's build-to-rent pipeline is filling out fast, and a lot of the operators managing those communities also run HOA and condo associations on the same Buildium instance, Buildium's core strength since it houses rental and association accounting together. That overlap is common in this metro, where smaller and mid-sized property managers pick up association contracts alongside their rental doors as multifamily supply grows. We build the bookkeeping structure so rental trust funds and HOA assessments stay on separate ledgers inside that one instance, not blended into a single operating view.
We work with accountant access inside your own Buildium instance, exactly as you would grant an internal hire.
Colorado rules that apply here
Buildium puts rental and association accounting in the same system, which works until a Denver operator manages build-to-rent doors and a condo association in the same instance. We set up distinct bank sub-accounts and chart-of-accounts structure for each so security deposits, HOA reserve contributions, and operating assessments never sit on the same ledger line.
Denver's multifamily and build-to-rent pipeline means portfolios add doors fast, and Buildium's general ledger stays simple only if new units get mapped correctly from day one. We set up lease and assessment schedules as properties come online, so a portfolio that doubles in a year doesn't leave reconciliation gaps behind it.
Buildium's reporting is built for smaller teams, which is exactly the size of most Denver operators running rental and HOA books together. We keep monthly owner statements and association financials audit-ready under Colorado's landlord-tenant framework, so a growing portfolio doesn't outrun the documentation a lender, HOA board, or state regulator might ask for.
Colorado Revised Statutes 38-12-103 gives landlords one month to return a security deposit or send an itemized statement of deductions, up to 60 days if the lease says so. Buildium tracks deposit liability by unit but has no built-in trigger for that clock, and on a Denver instance that also runs HOA reserves, deposit lines can get lost in a shared chart of accounts. We reconcile deposit ledgers against move-out dates and flag the deadline manually, so the itemized statement goes out inside the statute regardless of what Buildium prompts.
Colorado statute sets a one month return deadline, extendable to a maximum of 60 days only if the lease says so, and provides for treble damages where a deposit is wrongfully withheld.
All Colorado requirementsHow we keep you inside it
Denver 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
Learn moreThree-way reconciliation, every account
Learn moreBills paid, rent collected, owners paid
Learn moreBack books fixed and current
Learn moreAnnual commercial true-ups
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
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.
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.
No. C.R.S. 38-12-103 requires the deposit or an itemized statement within one month, up to 60 days if the lease specifies it, but Buildium has no Colorado-specific timer, it just holds the deposit liability on the ledger. We track each move-out date against the statute separately and prepare the itemized statement so Denver operators never miss the window because the software didn't flag it.
It's common in Denver, where smaller operators often pick up an association alongside a rental portfolio as the metro's multifamily supply grows, and Buildium doesn't separate the two by default since one instance holds both. Without a deliberate chart-of-accounts split, HOA reserve contributions and rental security deposits can land in the same bucket. We build that separation in at setup so reserve funds and trust funds stay distinct.
Buildium's reports work well at the scale they were built for, smaller and mid-sized residential operators, but Denver's build-to-rent pipeline can add doors faster than a default report template accounts for. Owner statements and association financials both need to stay accurate as new units come online mid-cycle. We adjust reporting structure as the portfolio scales, so owners keep getting clean numbers whether the portfolio has 40 doors or 400.
Other Colorado markets, the platforms we work in, and the functions available on their own.
Schedule a call and we will review your Buildium setup, your Colorado deposit handling, and what it takes to close clean every month.