Real Estate Bookkeeping In Oregon
Oregon runs from dense Portland multifamily with city rules stacked on the state act, through a university market in Eugene where per-bed leasing multiplies every deposit ledger, to smaller mixed residential and commercial ownership groups in the south. All three sit under the same 31-day clock and the same separate-accounting requirement, and all three are commonly held across several LLCs with shared principals.
Locate the city nearest to you and select your software below to learn more. Don’t see your city? Schedule a meeting with us to learn more about how REA can help your property management accounting needs.
Oregon at a glance
- Security deposit return
- 31 calendar days
- Governing statute
- ORS 90.300
- Cities we publish
- Portland · Eugene · Medford
What Oregon Law Changes About Your Books
Deposit Handling and Trust Requirements
Trust and deposit rules are set state by state, and they change the accounting itself, not just the paperwork around it. A deadline is a ledger requirement: you cannot return a deposit inside a statutory window if the ledger cannot say what is owed.
Security deposits
Oregon ORS 90.300 requires the deposit, or a written accounting stating the specific basis for anything claimed, within 31 days of the tenancy ending and the tenant delivering possession. The statute requires SEPARATE accountings for the security deposit and for prepaid rent, and ORS 90.300(16) exposes a landlord to twice any amount wrongfully withheld.
Trust and segregation
Deposits are the tenant's money until properly claimed, and Oregon compounds the usual requirement by treating prepaid rent as a separate accounting from the deposit. That means two distinct per-tenant liabilities from the day funds arrive, not one balance netted at move-out, because reconstructing the split later is exactly what the double-damages provision punishes.
What we do about it
- Deposit liabilities tracked per tenant, so a 31 calendar days deadline is answerable from the ledger
- Trust accounts reconciled three ways, including every beneficiary balance
- Deduction documentation recorded against the correct ledger, not filed separately
- Aging deposits flagged before the statutory window closes
Summary of statutory requirements provided for orientation. It is not legal advice, and local ordinances can impose stricter rules than the state minimum.
Cities We Cover in Oregon
Market by Market
We work with property managers and investors across all of Oregon, all 382 cities and towns of it. The markets below are the ones we publish Oregon-specific detail for. If yours is not listed, the same team and the same ORS 90.300 rules still apply.
Portland
Portland is a dense multifamily market layered with city-level rules on top of the state landlord-tenant act, so a management company here is reconciling against two rulebooks rather than one. The accounting consequence is that move-out is a documentation process, not just a payment.
Bookkeeping by platform
Eugene
Eugene is a university market, and student housing does not behave like conventional multifamily on the books. Leasing is often per bed rather than per unit, turnover concentrates into a few weeks of the year, and a single apartment can carry four separate deposit liabilities with four different move-out dates.
Bookkeeping by platform
Medford
Southern Oregon ownership groups tend to be smaller and to hold a mixed bag: some residential doors, a strip of small commercial, occasionally agricultural or seasonal property in the same family of entities. The accounting problem is not volume, it is that one bookkeeper is being asked to handle three different revenue models.
Bookkeeping by platform
Select Your Software
We Work Inside Your Platform, From Anywhere in Oregon
Services Available in This State
Every back-office function below is available on its own or as part of a full monthly close, anywhere in the state.
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
Onboarding and responsiveness
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.
Smaller portfolio, still looked after
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.
Came from a bookkeeper who did not know real estate
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!
230+
Property Accountants
30M+
Commercial Sq. Ft.
Up to 50%
Saved vs In-House
Every month
On-Time Close
Property Accounting for Oregon Portfolios
Schedule a call and we will walk your Oregon deposit and trust setup, tell you whether it reconciles today, and scope the monthly work.