Jacksonville's rental market runs on a mix of single-family scattered-site homes and multifamily communities, much of it tied to demand from Naval Air Station Jacksonville. Rent Manager is built to handle that mix, with multi-entity structures that can separate a single-family portfolio from a garden-style apartment complex under one database. The strength is also the risk. When custom GL mappings and workflows built for one property type get copied onto another as portfolios grow, the books stop matching what's actually being managed.
We work with accountant access inside your own Rent Manager instance, exactly as you would grant an internal hire.
Florida rules that apply here
Every Rent Manager engagement starts with a review of what previous staff configured and why. Custom fields, GL mappings, and workflows accumulate across staff turnover, and what made sense for one property type often gets inherited by another without anyone checking. We map the existing setup before we touch a single entry.
Jacksonville property managers often run single-family scattered sites and multifamily communities side by side. Rent Manager's multi-entity structure lets us keep each property type's chart of accounts, GL mappings, and reporting separate instead of forcing scattered-site and multifamily activity through one generic set of codes that fits neither well.
Rent Manager retains transaction history further back than most platforms in this category, which is useful until it isn't. Old unreconciled balances and stale disputed charges sit undisturbed for years inside that history unless someone goes looking. We reconcile the historical ledger, not just the current period, so nothing carries forward silently.
Florida Statutes Chapter 83 gives property managers 30 days from move-out to return a tenant's security deposit or send an itemized statement of deductions. Rent Manager doesn't ship with that clock built in. Its deposit accounting runs through configurable trust liability accounts and custom fields, which means the 30-day deadline has to be set up deliberately per property type rather than assumed. We build that tracking into the chart of accounts during setup, so a missed configuration doesn't turn into a missed deadline.
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 requirementsHow we keep you inside it
Jacksonville operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your Rent Manager instance.
Compliant, audit-ready trust funds
Learn moreThree-way reconciliation, every account
Learn moreBills paid, rent collected, owners paid
Learn moreBack books fixed and current
Learn moreAnnual commercial true-ups
Learn moreResidential, commercial and everything in between. The asset class changes what the books have to prove, and our teams are staffed accordingly.
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.
Not out of the box. Florida Statutes Chapter 83 requires the deposit returned or an itemized statement sent within 30 days of move-out, but Rent Manager treats deposit timing as a configuration choice, not a default. We set up custom fields and trust account workflows during onboarding that flag approaching deadlines by property, so the clock doesn't depend on someone remembering to check a move-out date manually.
They usually stay exactly as the last person set them, which is the problem. Rent Manager's flexibility means GL mappings and custom fields built for a prior manager's workflow carry forward through staff turnover even when they no longer fit the properties being managed. We audit the existing chart of accounts against what's actually on the books today before we start monthly bookkeeping, not after.
Yes, and that combination is common here given how much of the local rental supply is split between single-family scattered sites and multifamily communities tied to renters near Naval Air Station Jacksonville. Rent Manager's multi-entity setup lets us keep separate charts of accounts and reporting for each property type under one client file, so a scattered-site P&L doesn't get diluted by apartment community numbers.
Other Florida markets, the platforms we work in, and the functions available on their own.
Schedule a call and we will review your Rent Manager setup, your Florida deposit handling, and what it takes to close clean every month.