REA.co Real Estate Accounting & Tax

Expert RealPage Bookkeeping Services For Scaling Property Investors & Managers In Miami

Miami's property management market runs on high-value condominium associations, foreign investor portfolios, and the reporting demands of Florida Statute 718, the Condominium Act. RealPage was built for portfolio-level accounting at scale, with roll-up reporting and institutional owner packages designed for enterprise multifamily operators. That combination creates a specific risk here: a Miami condo association's roll-up can look clean while assessment ledgers and reserve accounts underneath carry errors regulators and boards will eventually ask about. We reconcile at the property level first, so what rolls up into RealPage's reporting is actually correct.

We work with accountant access inside your own RealPage 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 RealPage Operators in Miami Come to REA

Enterprise multifamily with portfolio-level roll-ups

Property-level detail before roll-up

RealPage's portfolio roll-up is only as good as the property ledgers feeding it. For a Miami condo association juggling assessment income, delinquencies, and reserve transfers under Florida Statute 718, we close each property's books first, then let the roll-up reflect what actually happened, not a smoothed-over summary.

Institutional owner packages, verified

Miami carries a heavy share of foreign investor owned units, and those owners expect institutional-grade packages without ambiguity. RealPage generates the reports; we verify the numbers behind them before they reach an owner's desk, so packages that go out on a fixed reporting deadline are correct the first time, not corrected after a call.

A close that keeps up

Institutional reporting cycles do not wait, and a slow month-end close on a Miami portfolio of condo associations and investor-owned units means owner packages go out late or wrong. We run a disciplined close cadence built around RealPage's reporting windows, so the numbers are ready when the deadline is, not scrambled together after.

RealPage and Florida Deposit Rules

Florida Statutes Ch. 83

Florida Statutes Chapter 83 gives Miami property managers 30 days to return a tenant's security deposit or send an itemized statement of deductions after move-out. RealPage was built for large multifamily portfolios and its deposit accounting sits at the unit level, not flagged against a portfolio-wide compliance calendar, so a 30-day deadline can slip past unnoticed inside a large roll-up. We track deposit deadlines separately from RealPage's own reporting so nothing crosses that 30-day line unaddressed.

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 RealPage, 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

RealPage 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

On 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
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 RealPage track Florida's 30-day security deposit deadline for us?

RealPage does not run a compliance calendar against Florida Statutes Chapter 83 on its own. It records the deposit transaction, but the 30-day clock for returning a deposit or sending an itemized statement after move-out is not something the platform flags. We maintain that deadline tracking separately for every unit in a Miami portfolio, so a missed statement never happens because RealPage stayed quiet about it.

Why would a Miami condo association need bookkeeping help if RealPage already produces owner reports?

RealPage's roll-up reporting is built for scale, not for catching an error in one association's assessment ledger before it reaches the report. A reserve transfer booked wrong, or a delinquency miscoded, will still roll up cleanly into an institutional owner package. We reconcile each property's books before RealPage's reports go out, so the roll-up you're relying on actually reflects what happened underneath it.

What kinds of Miami properties do you handle bookkeeping for on RealPage?

Our Miami RealPage work centers on condominium associations governed by Florida Statute 718 and multifamily portfolios with a significant share of foreign investor ownership. Both bring recurring documentation demands, association assessment schedules, reserve fund reporting, and owner statements that need to hold up to review, that a generic bookkeeping approach misses. We build the property-level detail RealPage's roll-up depends on around those specific demands.

More in Florida

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

RealPage Bookkeeping for Miami

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