Property accountant tool for Australian property investors
Manage your property portfolio without waiting for tax time
If you’re looking for a property accountant, chances are you want to stay on top of your rental income and expenses, maximise deductions, reduce tax, and understand how your investment properties are performing.
The problem is that most property accountants only see your finances once a year. Between tax returns, you’re often left managing spreadsheets, storing receipts, and making investment decisions without knowing your real tax position.
TaxTank gives property investors live visibility over their portfolio all year round. Track income and expenses, monitor cash flow and equity, calculate depreciation and capital gains, and see your estimated tax position in real time.
Stay organised, stay compliant, and make better investment decisions with confidence.
Property accountant tax software for smart investors
Whether you own one investment property or a large portfolio, TaxTank helps you manage your property finances proactively instead of waiting until the end of the financial year.
Thousands of Australian property investors already use TaxTank to:
- Track rental income and expenses automatically
- Capture deductions using live bank feeds
- Monitor their tax position throughout the year
- Store receipts and documents securely
- Share information with their property accountant when required
- Eliminate spreadsheets and manual record keeping
We have used Xero for my properties but for specific property functionality TaxTank is better and the pricing far outweighs what we were paying. If I could give 10/10 I would. Thank you so much!!!
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Know your tax position before your property accountant does
Most property investors don’t discover their tax position until they’re sitting in front of their accountant.
TaxTank changes that by calculating your estimated tax position throughout the year as transactions flow into the platform. Instead of guessing what your refund or tax bill might look like, you’ll always have an up-to-date view of your rental income, expenses, deductions, depreciation and overall portfolio performance.
The result is better planning, fewer surprises and greater confidence when making investment decisions.
Financial Oversight
Get a full view of your financial position all year round to make smarter money decisions.
Live Bank Feeds
Connect your bank for automatic transaction tracking with Open Banking.
Automated Tax Tools
Set and forget with smart rules that automatically allocate income and expenses.
Depreciation & CGT Tools
Access hassle-free tools to help you unlock tax benefits with confidence.
Maximise Deductions
Get real-time insights into your tax position to identify deduction opportunities.
Easy Collaboration
Share access with co-owners, accountants and advisors to streamline compliance.
Secure Document Storage
Attach receipts, warranties and statements to create an organised digital audit trail.
Peace Of Mind
Know your tax position any day of the year—no more last-minute stress.
Capture every deduction automatically
One of the biggest challenges for property investors is keeping accurate records.
TaxTank connects directly to your bank accounts through Open Banking, automatically importing property-related transactions as they occur. Expenses can be allocated quickly, receipts stored securely and supporting documents attached directly to transactions.
Rather than spending hours at the end of the financial year trying to reconstruct what happened, your records remain organised and up to date all year round.
Make better property decisions
Property investing is about more than rental income and property values.
Successful investors understand how tax, cash flow and equity work together to influence long-term outcomes. TaxTank gives you visibility across your entire portfolio so you can understand the true financial performance of each property and make decisions based on real numbers rather than assumptions.
Whether you’re considering buying, selling or simply holding, you’ll have the information you need to make informed decisions.
More than a property accountant
A property accountant can help prepare and lodge your tax return, but they typically only see your finances once a year.
TaxTank gives you access to your financial position every day of the year.
Because TaxTank also tracks employment income, sole trader income, shares, ETFs and cryptocurrency investments, you can see how every part of your financial life impacts your overall tax position. This creates a complete picture that simply isn’t possible when property investments are managed in isolation.
Many TaxTank users still work with their accountant at tax time. The difference is they arrive prepared, organised and already understand their position.
Built specifically for Australian property investors
TaxTank was designed specifically for the Australian tax system and the needs of property investors.
From automated bank feeds and rental property tracking through to depreciation schedules, capital gains calculations, document storage and real-time tax forecasting, every feature is focused on helping investors stay organised and make better financial decisions throughout the year.
Whether you own one property or twenty, TaxTank gives you the tools to manage your portfolio with confidence. You can also group your properties in different portfolios to ensure you have complete management and oversight of equity, growth and property tax – no matter what your structure is.
Investment Properties
Track income, expenses and performance by property and ownership type.
Share Accommodation
Calculate deductions correctly with tools built for shared spaces.
Vacant Land
Capitalise expenses automatically to minimise Capital Gains Tax.
Trusts & Companies
Centralise entity-managed properties for seamless oversight.
Principle Place of Residence (PPOR)
Record home expenses now, and convert to investment later if needed.
Track non-personal business activity
TaxTank makes it easy to manage property-related income and expenses that don’t belong on your personal tax return. Using our Sole Tank module, you can track commercial property, rental properties, or side business ventures in one place without affecting your personal tax summary.
- Separate personal and property business transactions for accurate reporting
- Track income, expenses, and deductions for trusts, companies, or commercial properties
- Generate professional reports for accountants or advisors
- Maintain compliance with GST and BAS reporting requirements
- Store all property-related documents and receipts securely in the Spare Tank
With Property Tank and Sole Tank working together, you get a complete picture of your property investments while keeping your personal tax summary clean and accurate.
You don’t need another property accountant. You need a platform that helps you stay on top of your property tax and finances all year round.
It's easy to get started
Getting started with TaxTank is simple and affordable. For just $15/month, you get access to all the essential tools you need to manage your property portfolio and tax.
- Free Trial
- No Credit Card Required
- Cancel Anytime
PROPERTY TANK
Simply add Property Tank so you can monitor your whole property portfolio in one place. You can manage up to 5 properties for only $15* a month.
$15/month
Paid Annually
ADDITIONAL
PROPERTIES
Have more than 5 properties? No problem, you can add as many as you like with our property add-on.
$3/month
Paid Annually
Trusted by Property Investors across Australia
It's literally about 10 minutes a week to allocate transactions and I'm on top of my paperwork which means no more spreadsheets or tax time stress.”
Frequently asked questions
Do I still need a property accountant if I use TaxTank?
TaxTank helps you manage your property finances throughout the year by tracking income, expenses, deductions, depreciation, capital gains and your estimated tax position. Many investors still choose to use a property accountant at tax time, but TaxTank ensures everything is organised and ready before lodging.
Is TaxTank a replacement for a property accountant?
TaxTank is designed to help property investors take control of their finances year-round rather than relying solely on annual tax appointments. While many users still work with an accountant, TaxTank provides the tools and information needed to monitor your portfolio, tax position and deductions throughout the year.
What does a property accountant do?
A property accountant specialises in helping investors manage the tax implications of owning investment properties. This includes preparing tax returns, claiming deductions, calculating capital gains tax and providing tax advice. TaxTank complements this process by helping you keep accurate records and monitor your tax position between appointments.
Can TaxTank track rental property income and expenses?
Yes. TaxTank automatically imports transactions through Open Banking, allowing you to track rental income and property expenses in real time. This helps ensure deductions are captured accurately and records remain organised throughout the year.
Can TaxTank help me maximise my property tax deductions?
TaxTank helps you record and categorise deductible property expenses, track borrowing costs, manage depreciation information and maintain supporting documentation. This makes it easier to identify and substantiate deductions when preparing your tax return.
Does TaxTank calculate capital gains tax on investment properties?
Yes. TaxTank includes capital gains tax tools that can help calculate the tax impact of selling an investment property. This can assist with planning before making major investment decisions.
Can I share my information with my accountant?
Absolutely. TaxTank is designed to make collaboration easier. Your accountant can access organised records, reports and supporting documentation, reducing the time and effort required at tax time.
Is TaxTank suitable for multiple investment properties?
Yes. Whether you own one investment property or a large portfolio, TaxTank allows you to track income, expenses, equity, cash flow and tax outcomes across all properties in one place.
How is TaxTank different from property accounting software?
Many property accounting platforms are built on business bookkeeping software and focus primarily on recording rental income and expenses. While they can help with basic record keeping, they often don’t calculate your actual property tax position or provide specialised Australian property tax features.
TaxTank was built specifically for Australian taxpayers and property investors. It goes beyond transaction tracking by calculating property-specific tax outcomes such as depreciation, borrowing expenses, capital gains tax, ownership splits, and your estimated tax position throughout the year.
Unlike traditional ledger-based software, TaxTank also combines your investment properties with your employment income, sole trader activities, shares, ETFs and cryptocurrency investments, allowing you to see how your entire financial position impacts your tax outcome. This gives you a much clearer picture than simply tracking property income and expenses in isolation.
Is TaxTank Australian?
Yes. TaxTank was built specifically for Australian taxpayers and property investors. The platform is designed around Australian tax rules and reporting requirements, helping investors stay organised and prepared throughout the financial year.
Don’t miss out on property tax opportunities.
Try TaxTank for a free 14 day trial to feel confident about your tax position and transform the way you think about property tax.