REA.co Real Estate Accounting & Tax

Expert Entrata Bookkeeping Services For Scaling Property Investors & Managers In Baltimore

Baltimore's rental stock runs from rowhouse portfolios in neighborhoods like Hampden to Section 8 contract properties and mixed-income multifamily near Federal Hill. Entrata was built multifamily-first, with leasing, resident services, and accounting sharing one record, so a renewal, a concession, or a misapplied credit entered by a leasing agent posts straight to the general ledger. For Baltimore property managers running that portfolio mix, one of the more regulated landlord-tenant environments on the East Coast, we treat month-end close as much a review of leasing activity as an accounting exercise.

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

Maryland rules that apply here

Deposit return deadline
statutory timeline
Statute
Maryland landlord-tenant statute
Full Maryland requirements

Why Entrata Operators in Baltimore Come to REA

Multifamily-first, with leasing and accounting on one record

Leasing errors become GL errors

Because Entrata keeps leasing, resident services, and accounting on one record, a concession approved by a leasing agent or a mis-keyed renewal posts directly to the general ledger with no separate review step. On a Baltimore portfolio spanning rowhouse units and mixed-income multifamily buildings, we check leasing transactions during close, not after.

Resident ledgers built for scale

Entrata's resident ledger handles partial payments, subsidy splits, and multiple payer sources on one account, which matters on Baltimore's Section 8 contract properties where a housing authority payment and a tenant payment land against the same unit in the same month. We reconcile both sides so the ledger reflects what was actually received, not what was billed.

Renewals tracked through the close

Entrata's renewal and rent-roll reporting is built for multifamily operators, which fits mixed-income buildings near Federal Hill and Fells Point where renewal volume runs high. Our team ties renewal terms back to the GL before close so a renewal processed with the wrong concession code does not sit unnoticed until the next audit.

Entrata and Maryland Deposit Rules

Maryland landlord-tenant statute

Maryland Real Property § 8-203 gives landlords 45 days after move-out to return a security deposit or send an itemized list of deductions, or forfeit the right to withhold any of it. Entrata tracks deposit balances at the resident ledger level, but move-out charges are typically entered by leasing or maintenance staff, not accounting. If those charges post late or without documentation, the 45-day clock keeps running. We reconcile move-out ledgers against the statute's deadline, not just against the system's balance.

Maryland law requires deposits to be held in a dedicated escrow account and returned with accrued interest, under defined timelines and itemization requirements.

All Maryland requirements

How we keep you inside it

  • Deposit liabilities tracked per tenant in Entrata, so a statutory timeline 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

Entrata Accounting & Bookkeeping Services

For Baltimore 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 Baltimore?

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

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

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.

BCBrian CookOwner Operator

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.

KSKelly StanawayProperty Manager

Frequently Asked Questions

How does Entrata help us meet Maryland's 45-day deposit deadline?

Entrata's resident ledger records the deposit and any move-out charges against a single resident record, so the itemized deduction list required under Real Property § 8-203 can be pulled straight from the ledger instead of assembled by hand. The gap we watch is timing: if maintenance or leasing enters a move-out charge after the 45-day window opens, the ledger is accurate but the letter goes out late. We track the clock separately from the ledger balance.

What's the biggest accounting risk on Entrata specifically?

Because leasing, resident services, and accounting share one record in Entrata, a concession or lease correction keyed by a leasing agent posts to the general ledger without an accounting review step in between. On other platforms that gap does not exist because leasing and accounting sit in separate systems. We build a leasing-activity review into every close on Entrata specifically, checking concessions, corrections, and credits before they roll into reported financials.

Do you handle both Section 8 and market-rate units in the same Baltimore portfolio?

Yes. Many Baltimore clients run a single portfolio that mixes Section 8 contract units, market-rate rowhouse rentals, and mixed-income multifamily buildings under one ownership entity. Entrata's resident ledger separates subsidy payments from tenant-paid rent at the unit level, which we rely on to reconcile housing authority deposits against tenant portions without merging the two income streams into one undifferentiated rent line.

More in Maryland

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

Entrata Bookkeeping for Baltimore

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