REA.co Real Estate Accounting & Tax

Expert Rent Manager Bookkeeping Services For Scaling Property Investors & Managers In Atlanta

An Atlanta portfolio might mix a Class A multifamily tower in Midtown or Buckhead, scattered-site single-family rentals across the metro, and a LIHTC affordable community in Fulton or DeKalb, three property types with three different accounting rules. Rent Manager's multi-entity structure can house all of them under one login, and its custom fields let each carry its own chart of accounts. That flexibility is also where the risk lives: nothing stops a GL mapping built for the multifamily tower from getting cloned onto the LIHTC property next quarter. We check for that drift before we touch a single reconciliation.

We work with accountant access inside your own Rent Manager 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
Full Georgia requirements

Why Rent Manager Operators in Atlanta Come to REA

Deeply customisable, which cuts both ways

We audit what's already configured

Before we touch a ledger, we map every custom field and GL mapping already built into your Rent Manager database and trace each one to the property type it was built for. In a mixed Atlanta portfolio, that usually surfaces a multifamily GL mapping quietly applied to a LIHTC property, or a rule nobody remembers the reason for.

Multi-entity setup for mixed portfolios

Rent Manager lets you structure multifamily, single-family, and LIHTC properties as separate entities inside one database, each with its own chart of accounts. We set that structure up, or fix it where it was skipped, so a Buckhead high-rise and a scattered-site single-family portfolio never share a GL account they shouldn't, and LIHTC compliance reporting stays isolated from market-rate books.

Historical data reconciliation

Rent Manager keeps years of historical data by design, which is useful until an old unreconciled balance from three managers ago is still sitting in an account nobody reviews. Atlanta's LIHTC communities in Fulton and DeKalb often carry a portfolio's longest histories. We reconcile back through that history instead of starting at current-month activity, so nothing stale carries forward.

Rent Manager and Georgia Deposit Rules

O.C.G.A. Title 44

Georgia's O.C.G.A. Title 44 requires landlords to return a security deposit or send an itemized statement within the statutory window, and Rent Manager can track that deadline through its trust accounting module, but only if deposits are coded to the right trust account per property from day one. Because each Rent Manager entity can define its own GL structure, we've seen LIHTC deposit escrows in Atlanta mapped like market-rate trust accounts, breaking the itemized-statement trail Title 44 requires. We rebuild that mapping property by property.

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 requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in Rent Manager, 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

Rent Manager 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

On 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
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

How does Georgia's security deposit law affect our bookkeeping deadlines?

O.C.G.A. Title 44 sets the window for returning a security deposit or sending an itemized statement after a tenant moves out. We track that deadline at the property level inside Rent Manager's trust accounting, not at the portfolio level, because a missed deadline on one Buckhead unit doesn't get caught by a report built for the whole entity. We flag deposits approaching that window before the statutory clock runs out, not after.

What's the biggest risk with Rent Manager's customization for an Atlanta portfolio like ours?

Rent Manager's biggest strength, deep customization, is also its biggest accounting risk. Custom fields and GL mappings get built by whoever is on staff at the time, and when that person leaves, the reasoning behind the setup usually leaves with them. On a mixed Atlanta portfolio spanning multifamily, single-family, and LIHTC properties, that shows up as a chart of accounts nobody can fully explain. Our first step on any Rent Manager engagement is documenting what's there and why.

We manage a mix of multifamily, single-family, and LIHTC properties in Atlanta. Can Rent Manager handle all of them in one system?

Yes. Rent Manager's multi-entity structure was built for exactly this kind of mix, a Midtown multifamily building, scattered-site single-family rentals, and a LIHTC community in Fulton or DeKalb can all live in one database. What matters is that each keeps its own chart of accounts, deposit trust structure, and compliance reporting rather than inheriting settings from whichever property was set up first. We configure and audit that separation as part of every Atlanta engagement.

More in Georgia

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

Rent Manager Bookkeeping for Atlanta

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