REA.co Real Estate Accounting & Tax

Expert Entrata Bookkeeping Services For Scaling Property Investors & Managers In Denver

Denver's growth is running through new multifamily communities and an expanding build-to-rent pipeline, portfolio types that generate constant lease renewals, concessions, and unit turns. Entrata was built multifamily-first: leasing, resident services, and accounting all sit on the same record, so a renewal or concession posts to the general ledger the moment leasing enters it. For Denver operators scaling multifamily and BTR portfolios on Entrata, that integration is an advantage until nobody is reviewing what leasing posted. We treat every close as a leasing-activity review, not just an accounting one.

We work with accountant access inside your own Entrata instance, exactly as you would grant an internal hire.

Colorado rules that apply here

Deposit return deadline
one month, up to 60 days by lease
Statute
Colorado Revised Statutes
Full Colorado requirements

Why Entrata Operators in Denver Come to REA

Multifamily-first, with leasing and accounting on one record

We audit leasing before it posts

On Entrata, a concession or a lease correction entered by the leasing team lands directly in the general ledger, no separate approval step catches it first. Before we close a Denver multifamily or build-to-rent portfolio, we pull the leasing activity log and match every renewal, concession, and credit against what actually hit the GL.

Built for renewal-heavy portfolios

Denver's multifamily and build-to-rent portfolios turn units and renew leases constantly, and Entrata's resident ledger tracks every one of those transactions in real time. We reconcile resident ledgers against bank activity on that same cadence instead of waiting for month-end, so a misapplied payment or an unposted renewal charge gets caught within days, not discovered during owner reporting.

Owner reporting that scales with growth

As Denver operators add units through new multifamily development and build-to-rent lease-up, owner reporting has to scale with the portfolio without losing accuracy. Entrata's reporting tools are built for multifamily at scale, but the output is only correct if the leasing entries feeding it are correct. We verify that chain before every owner report goes out.

Entrata and Colorado Deposit Rules

Colorado Revised Statutes

Colorado Revised Statutes (C.R.S. § 38-12-103) requires property managers to return a resident's security deposit or send an itemized statement of deductions within one month of move-out, extendable to 60 days if the lease says so. Entrata tracks deposit balances and move-out deductions at the resident ledger level, which is useful, but it has no built-in alert for that statutory clock. On Denver multifamily and build-to-rent move-outs, we flag the deadline manually against the lease terms and confirm the itemized statement goes out before the statute runs.

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 requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in Entrata, so a one month, up to 60 days by lease 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

Entrata Accounting & Bookkeeping Services

For Denver 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

On a Different Platform in Denver?

We Work Inside All of Them

Experts In All Property Types

  • Single-Family
  • Multifamily
  • Student Housing
  • Affordable Housing
  • Community Associations
  • Commercial
Schedule time to learn more

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

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

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

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

Frequently Asked Questions

How does REA handle Colorado's security deposit deadline on Entrata?

Colorado Revised Statutes (C.R.S. § 38-12-103) gives property managers one month from move-out to return a deposit or send an itemized deduction statement, up to 60 days if the lease extends it. Entrata records the deposit balance and any deductions on the resident ledger, but it doesn't flag the statutory deadline on its own. We track each Denver move-out against its lease-specific window and confirm the statement is sent before the clock runs out.

What's the biggest bookkeeping risk with Entrata for Denver multifamily properties?

Entrata puts leasing, resident services, and accounting on one shared record, which is great for reporting but means a concession or lease correction entered by a leasing agent posts to the general ledger immediately, with no accounting review step in between. For a Denver portfolio in lease-up, that can mean dozens of unreviewed entries hitting the GL in a single week. We review leasing activity against the GL before every close, not just the bank statement.

Does REA work with build-to-rent operators in Denver, or just traditional multifamily?

Both. Denver's build-to-rent pipeline has grown alongside its multifamily supply, and on Entrata the two portfolio types run through the same leasing-to-GL workflow, so the same review process applies. We reconcile resident ledgers, track renewal and concession activity, and prepare owner reporting for BTR communities the same way we do for garden-style and mid-rise multifamily, matched to whatever mix a Denver operator's portfolio actually has.

More in Colorado

Other Colorado markets, the platforms we work in, and the functions available on their own.

Entrata Bookkeeping for Denver

Schedule a call and we will review your Entrata setup, your Colorado deposit handling, and what it takes to close clean every month.