Expert MRI Bookkeeping Services For Scaling Property Investors & Managers In Colorado Springs
Colorado Springs property managers on MRI are usually running mixed portfolios: single-family rental doors serving Fort Carson and Peterson Space Force Base households on PCS orders, alongside commercial space, retail strips, medical offices, that don't fit a residential-only system. MRI's modular design fits that mix because it wasn't built as either. But modularity means CAM reconciliation and lease administration run in different modules than the residential ledger, and a lease abstracted in one module has to agree with what bills out of another. That's usually where we start.
We work with accountant access inside your own MRI 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
Why MRI Operators in Colorado Springs Come to REA
Enterprise and modular, strong on commercial
CAM Reconciliation That Holds
Most Colorado Springs MRI portfolios we see carry commercial space, retail near the installations, medical offices, alongside single-family rental doors. We reconcile CAM charges module by module against actual lease terms, not against whatever the billing module assumes, so recoveries match what the lease abstract actually says.
Module Handoff Verification
MRI's lease administration module and its billing module don't always agree, one holds the abstracted terms, the other generates the invoice, and a change in one doesn't always propagate to the other. We check both sides on every commercial lease before charges post, so a Colorado Springs shopping center tenant isn't billed against stale terms.
PCS Turnover Bookkeeping
The single-family side of these portfolios turns over on military orders, not lease-renewal cycles, so move-outs cluster around PCS windows. We keep MRI's residential ledger current through those clusters: deposit dispositions, move-out charges, and owner statements posted on schedule instead of backlogged when several units turn in the same week.
MRI and Colorado Deposit Rules
Colorado Revised Statutes
Colorado Revised Statutes gives landlords one month to return a security deposit or send an itemized statement, up to 60 days if the lease says so. MRI's residential module can track that deadline, but only on the doors set up in it, and Colorado Springs portfolios split single-family deposits from commercial security deposits held under separate lease terms. We keep both clocks on separate schedules instead of letting one module's default deadline apply to leases it wasn't built for.
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
- Deposit liabilities tracked per tenant in MRI, 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
MRI Accounting & Bookkeeping Services
For Colorado Springs 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
Colorado Springs operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your MRI 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 moreOn a Different Platform in Colorado Springs?
We Work Inside All of Them
Experts 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
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.
Frequently Asked Questions
How does REA handle Colorado's security deposit deadline in MRI?
Colorado Revised Statutes requires the deposit returned or an itemized statement sent within one month, up to 60 days if the lease extends it. We set that deadline on each door in MRI's residential module at move-in, not after the tenant leaves, and flag any single-family unit approaching the deadline separately from commercial security deposits, which run on different lease terms entirely.
Why does CAM reconciliation take longer in MRI than in other platforms?
MRI splits lease abstraction from billing across separate modules, so the CAM pool, the tenant's pro-rata share, and the actual charge can each live in a different place. We pull all three before reconciling instead of trusting the invoice module's total, because implementations vary enough that no two MRI setups abstract leases the same way.
Do you handle both the commercial and single-family sides of a Colorado Springs portfolio?
Most MRI clients here run both: commercial space serving the base economy and single-family doors filled by active-duty and veteran tenants on PCS timelines. We reconcile the commercial side through CAM and lease administration and keep the residential side current through PCS-driven turnover, on one set of books instead of two disconnected processes.
More in Colorado
Other Colorado markets, the platforms we work in, and the functions available on their own.
MRI Bookkeeping for Colorado Springs
Schedule a call and we will review your MRI setup, your Colorado deposit handling, and what it takes to close clean every month.