Expert AppFolio Bookkeeping Services For Scaling Property Investors & Managers In Miami
Miami’s property management market is defined by high-value condominium associations, foreign investor portfolios, and the compliance demands of Florida Statute 718, the Florida Condominium Act. Managing the books for these asset types requires more than general accounting fluency. REA, an official AppFolio Stack partner, brings specialized outsourced bookkeeping built for the complexity Miami portfolios carry.
Proud AppFolio Stack™ Partners, working directly inside your AppFolio instance.
Florida rules that apply here
- Deposit return deadline
- 30 days for notice
- Statute
- Florida Statutes Ch. 83
Why Florida Real Estate Professionals Choose REA
AppFolio Expertise, Applied to Miami
Experts in AppFolio Bookkeeping
Our Miami property accountants, as exclusive accounting partners for the AppFolio Stack™, bring specialized knowledge to your bookkeeping requirements. We’ll handle your monthly financial management while maximizing AppFolio’s features for your Florida property business.
Assigned, Responsive Team
We understand that Miami property management can present sudden challenges. That’s why your dedicated REA team is always ready to address your concerns through email, phone, video, or Slack, offering timely support and confidence for your Florida property operations.
Accurate Monthly Bookkeeping
Save valuable time with our AppFolio accounting services and prevent errors that often occur in Miami property management. REA ensures accurate, punctual reports delivered monthly, allowing you to concentrate on what’s important, expanding your Florida business.
Deposit Compliance for Miami Portfolios
Florida Statutes Ch. 83
Florida Statutes Chapter 83 requires deposits to be held in a separate Florida bank account or covered by a surety bond, with written notice to the tenant within 30 days of receipt and strict timelines for return or itemized claim.
Chapter 83 makes the separate account an explicit statutory requirement rather than a best practice, and Chapter 720 governs HOA reserve fund accounting.
All Florida requirementsHow we keep you inside it
- Deposit liabilities tracked per tenant in AppFolio, so a 30 days for notice 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
How AppFolio Bookkeeping Transforms Property Management
Onboarding a Miami Portfolio
- 1Understanding Your Business Inside-Out
We value your time and strive to make the most of it. Once you securely grant REA access to your AppFolio account in Miami, we'll promptly review your books and initiate the onboarding process. Next, we'll address any issues with your account, perform any necessary catch-up bookkeeping, and examine tenant/owner statements to ensure the utmost accuracy in your Florida property records.
- 2Efficient Monthly Bookkeeping
After ensuring your AppFolio account is accurate and current for your Miami properties, we commence our monthly AppFolio consultant services. Handling everything from bank reconciliations to accounts payable and reporting, we serve as your experienced accounting team for your Florida property management needs.
- 3Monthly Reports and Statements
Each month we deliver clear financial packages through AppFolio, including P&Ls, balance sheets, and owner and tenant statements. Every report is trust-account compliant and built to give total visibility into portfolio performance.
Appfolio Bookkeeping Services from REA
Available to Miami Operators
Trust Bookkeeping
Leverage Appfolio's powerful bookkeeping capabilities with REA's tailored service.
See how it worksCorporate Bookkeeping
REA's skilled team, in combination with Appfolio's comprehensive toolset, addresses the complexity of your corporate financial activities.
See how it worksBank Reconciliations
Employing Appfolio's state-of-the-art system, REA offers bank reconciliation services that brings meticulous accuracy to your finances.
See how it worksFinancial Diagnostic Cleanup
REA utilizes Appfolio's advanced diagnostic tools to swiftly and effectively troubleshoot financial anomalies.
See how it worksTrust Compliance
REA pairs its accounting prowess with Appfolio's detailed reporting to deliver comprehensive Trust Compliance Verification services.
See how it worksAppFolio Accounting & Bookkeeping Services
For Miami 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
Miami operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your AppFolio 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 Miami?
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
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!
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.
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!
Frequently Asked Questions
What AppFolio bookkeeping tasks does REA handle for Miami property managers on an ongoing basis?
REA covers monthly bank reconciliations, accounts payable, owner distributions, trust account management, financial statement preparation, and year-end close in AppFolio. For Miami clients with association portfolios, they also handle reserve account reconciliation and budget-to-actual reporting aligned with FS-718 requirements.
Can REA manage AppFolio bookkeeping for Miami portfolios with foreign investor-owned units?
Yes. REA is experienced with multi-entity and foreign national ownership structures common in Miami. They maintain clean ledger separation across owner entities in AppFolio, produce accurate owner statements, and coordinate documentation needs that arise from international ownership, keeping the books organized regardless of how complex the ownership stack is.
How does REA handle Florida Statute 718 condo association accounting in AppFolio for Miami clients?
REA sets up AppFolio’s association accounting module to keep operating and reserve funds properly segregated as required under FS-718. They manage monthly reconciliations, reserve fund tracking, and annual financial report preparation, so Miami condo association managers stay compliant with Florida’s disclosure and reporting requirements without building an in-house accounting team.
What kind of financial reports do you provide to AppFolio clients?
We provide detailed monthly financial reports and statements that offer a transparent overview of your business’s financial health. These reports are designed to ensure compliance with all trust account regulations and to help you make informed business decisions based on accurate financial data.
Can you handle both corporate and trust Appfolio bank reconciliation?
Yes, we offer both corporate and trust bookkeeping services tailored to AppFolio users. We manage the complexity of your corporate financial activities as well as ensure meticulous accuracy and compliance in your trust accounting, using AppFolio’s comprehensive toolset to manage all aspects effectively.
More in Florida
Other Florida markets, the platforms we work in, and the functions available on their own.
AppFolio Bookkeeping for Miami
Schedule a call and we will review your AppFolio setup, your Florida deposit handling, and what it takes to close clean every month.