However, a good real estate accountant is worth what you pay them because they will save you time and money. 

I use apartments.com, so the money didn't end up in my account until 1/6/25.Is this considered income for 2024 or 2025? 

This is a very common way for people to investing using their retirement accounts.

Per NJ law, must I include account number in the lease?

@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

In most states all you need is a separate account in a bank in that state.

Quote from @Max Emory: @Bob Asad, there are a lot of different account structures out there but absolutely keep security deposits in a separate account from your opex/income account. 

@Hansen TongI recommend finding an accountant that specializes in real estate taxation.

My custodian does not have a money market or similar sweep account to keep idle cash earning.

I’ve got her dealing with 8 properties which have individual accounts.