Expert Buildium Bookkeeping Services For Scaling Property Investors & Managers In Atlanta
Atlanta property managers run a wide mix of assets, Class A multifamily in Midtown and Buckhead, scattered-site single-family rentals spread across the metro, and LIHTC-funded affordable housing in Fulton and DeKalb counties. Buildium handles rental and association accounting inside a single instance, which is useful until reserve funds and rental trust money start sharing a chart of accounts. Our team builds the general ledger structure that keeps each portfolio type, and each fund, properly separated from day one.
We work with accountant access inside your own Buildium instance, exactly as you would grant an internal hire.
Georgia rules that apply here
- Deposit return deadline
- statutory window
- Statute
- O.C.G.A. Title 44
Why Buildium Operators in Atlanta Come to REA
Residential and association management in one system
Separating Rental and Association Funds
When one Buildium instance manages both rental trust accounts and HOA reserve funds, which is common for Atlanta operators who oversee condo associations alongside scattered-site rentals, the general ledger does not separate the two by default. We build a chart of accounts that isolates reserve contributions from operating assessments and keeps rental trust money out of association funds entirely.
Compliance Layers for LIHTC Properties
Fulton and DeKalb County LIHTC properties carry compliance reporting Buildium was not built to template, tenant income certification, utility allowance schedules, and set-aside unit tracking. Buildium's ledger is straightforward enough for a small on-site team to run day to day, so we layer the custom chart of accounts and reports on top instead of replacing a system your staff knows.
Owner Reporting Across Scattered Sites
Scattered-site single-family rentals spread across metro Atlanta submarkets and county lines complicate owner reporting when every property sits in one Buildium ledger. We use property groups and class tracking to roll up income and expenses by owner, by submarket, and by county, so an investor with five houses across three counties gets one clean statement instead of five disconnected ones.
Buildium and Georgia Deposit Rules
O.C.G.A. Title 44
Georgia law, O.C.G.A. Title 44, requires landlords to return a tenant's security deposit or send an itemized statement of deductions within the statutory window after move-out. Buildium tracks deposits as a ledger balance and lets you generate a move-out statement, but it does not enforce the Georgia deadline or flag a deposit that is about to lapse. For a portfolio mixing rentals and HOA assessments, that gap matters more, we set up deadline tracking and itemization templates so every Atlanta deposit return meets the statute, not by accident.
Georgia law under O.C.G.A. Title 44 requires deposits to be held in escrow and returned with itemized deductions inside the statutory window.
All Georgia requirementsHow we keep you inside it
- Deposit liabilities tracked per tenant in Buildium, so a statutory window 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
Buildium Accounting & Bookkeeping Services
For Atlanta 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
Atlanta operators use REA for the full monthly close or for the single function that has become a bottleneck. Each one is performed inside your Buildium 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 Atlanta?
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
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!
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.
Frequently Asked Questions
Does Buildium enforce Georgia's security deposit deadline under O.C.G.A. Title 44?
No. Buildium will hold the deposit balance and let you print a move-out statement, but it has no built-in alert for Georgia's statutory return window. O.C.G.A. Title 44 puts the burden on the landlord to return the deposit or send an itemized statement on time, and a missed deadline can cost you the right to keep any of it. We set up a deadline tracker outside Buildium's default workflow so no Atlanta move-out slips past the statute.
We run rentals and an HOA in the same Buildium account, is that a problem?
It can be, if the chart of accounts is not built to keep them apart. Buildium runs rental and association management on the same general ledger, so reserve contributions and operating assessments can end up in accounts that also hold rental trust money. That commingling is the single biggest risk we see in Atlanta's association-heavy submarkets. We build separate account structures for each fund inside the same instance so nothing crosses lines that shouldn't cross.
Our portfolio spans Buckhead multifamily, scattered-site rentals, and LIHTC units, can one bookkeeping setup handle all three in Buildium?
Yes, but each asset type needs its own accounting treatment inside the same instance. Class A multifamily in Midtown and Buckhead runs on standard operating statements, scattered-site single-family across the metro needs owner-level roll-ups by property and county, and LIHTC units in Fulton and DeKalb carry compliance reporting Buildium doesn't template out of the box. We build the chart of accounts and class structure to keep all three running cleanly in one Buildium file.
More in Georgia
Other Georgia markets, the platforms we work in, and the functions available on their own.
Buildium Bookkeeping for Atlanta
Schedule a call and we will review your Buildium setup, your Georgia deposit handling, and what it takes to close clean every month.