REA.co Real Estate Accounting & Tax

Expert MRI Bookkeeping Services For Scaling Property Investors & Managers In Jacksonville

Jacksonville property managers juggle single-family rentals, multifamily complexes, and commercial space, a mix shaped by the city's rapid growth and by steady demand from Naval Air Station Jacksonville. MRI is built for that commercial side: its lease administration and CAM reconciliation modules handle multi-tenant income better than platforms designed only for residential. But MRI ships as separate modules stitched together, and Jacksonville books usually break at the seam between them, not inside any one module. A lease abstracted in the leasing module and billed from the property module can disagree, and nobody notices until reconciliation.

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

Florida rules that apply here

Deposit return deadline
30 days for notice
Statute
Florida Statutes Ch. 83
Full Florida requirements

Why MRI Operators in Jacksonville Come to REA

Enterprise and modular, strong on commercial

We reconcile across module seams

Most bookkeepers work inside whichever MRI module they're handed. We check the seams instead: does the lease abstract in the leasing module match what actually billed out of the property module? For Jacksonville's commercial-weighted engagements, that handoff is where CAM charges and lease terms quietly drift apart, and where we catch it first.

CAM reconciliation built for scale

Jacksonville's commercial and mixed-use stock keeps expanding as the city grows, and CAM reconciliation is where MRI is strongest, provided someone actually walks each pass-through charge back to the lease language. We run that reconciliation on a schedule instead of at year-end, so tenant billing disputes get caught before they turn into a rent-roll headache.

Books built for your instance

No two MRI instances are configured the same way, and Jacksonville property managers running single-family, multifamily, and commercial in one system feel that most. We don't apply a generic MRI template. We map how your instance abstracts leases, routes CAM, and posts deposits, then build reconciliation around that configuration, not the one we used for the last client.

MRI and Florida Deposit Rules

Florida Statutes Ch. 83

Florida Statutes Chapter 83 gives you 30 days from written notice to return a security deposit or send an itemized statement of deductions. MRI's deposit trust ledger usually lives in a different module than the lease and CAM data that gets the most attention in commercial-weighted engagements, so it's easy for the ledger to go stale while everyone is focused on lease administration. We reconcile the trust ledger against move-out records directly, so the itemized statement goes out inside the 30-day window regardless of which module holds the lease.

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.

All Florida requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in MRI, 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

MRI Accounting & Bookkeeping Services

For Jacksonville 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 Jacksonville?

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

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

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

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

Frequently Asked Questions

Does MRI automatically track Florida's 30-day security deposit deadline?

Not on its own. MRI's trust accounting module records deposit transactions, but it doesn't flag Florida Statutes Chapter 83's 30-day return or itemization deadline the way a purpose-built residential platform might. In commercial-weighted MRI engagements, deposit tracking often gets less configuration attention than lease and CAM setup. We track move-out dates against the statute manually and reconcile the ledger before the deadline, so the deposit clock never depends on MRI catching it first.

Why would a lease amount in MRI be wrong if the lease itself is set up correctly?

Because the lease abstract and the billing usually live in different MRI modules, and they don't always reconcile automatically. A lease can be abstracted correctly with the right escalation schedule, then billed at an old rate because the property module wasn't updated when the leasing module changed. We check both sides of that handoff on every cycle instead of trusting that one correct entry means the whole chain is correct.

We manage single-family homes and a couple of commercial buildings near NAS Jacksonville on MRI, can one bookkeeper handle both?

Yes, and that mix is common here. MRI's CAM reconciliation and lease administration modules are built for the commercial side, while the residential units still need standard trust accounting and deposit handling. We keep both books on the same reconciliation schedule rather than treating the commercial buildings as a specialty project bolted onto the residential work, which is usually where mixed Jacksonville portfolios start to drift.

More in Florida

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

MRI Bookkeeping for Jacksonville

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