Property investment tracker to monitor tax & portfolio performance
Whether you own your first rental property or a growing portfolio, keeping track of rental income, expenses, tax and overall performance can quickly become overwhelming. While many Australian property investors start with spreadsheets, they require constant manual updates and don’t calculate how your investments affect your tax position.
TaxTank is Australia’s smartest property investment tracker, built specifically for Australian investors. It automatically tracks your rental income, expenses, depreciation, capital gains and tax position in real time, giving you complete visibility over your portfolio all year round.
Instead of spending hours updating spreadsheets before tax time, you’ll always know how your properties are performing, how much tax you’re likely to pay and where you can legally maximise your deductions, all from one easy-to-use platform.
- No Credit Card Required
- Built for Australian property investors
Why you need a property investment tracker
Owning an investment property is about far more than collecting rent.
Every property creates a constant stream of financial activity that needs to be tracked accurately. Rental income arrives every week or month. Loan interest changes with repayments. Property management fees, insurance, council rates, repairs and maintenance all become potential tax deductions. Capital improvements need to be separated from repairs. Depreciation schedules need to be maintained. Then there’s negative gearing, capital gains tax and annual tax reporting.
Trying to manage all of this manually becomes increasingly difficult.
Many investors eventually find themselves asking questions like
- How much profit is this property actually making?
- Am I positively or negatively geared?
- Have I claimed every deductible expense?
- How much tax should I be putting aside?
- What happens if I decide to sell?
- Is my portfolio performing as well as I think it is?
A property investment tracker gives you these answers in one place, helping you make better investment decisions throughout the year instead of only discovering the numbers at tax time.
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What should a property investment tracker include?
Not all property investment trackers are created equal.
The best property investment tracker should do much more than record transactions. It should help you understand how every property is performing financially while keeping you compliant with Australian tax rules.
A live tax position
See how your properties are impacting your tax position throughout the year, not just at tax time.
Property-level clarity
Track income, expenses, equity, loans, depreciation and performance for every property individually.
Tax rules that stay current
A spreadsheet only knows the rules that existed when it was built. TaxTank is continually updated to reflect Australian tax legislation and ATO requirements.
Automated depreciation tracking
Store depreciation schedules and automatically track capital works and other depreciating assets across your portfolio.
CGT tracked from day one
Build your capital gains cost base over time instead of reconstructing years of records later.
One connected financial picture
Automatically import transactions and reduce the manual work involved in maintaining spreadsheets.
Tax legislation changes, but your spreadsheet doesn't
One of the biggest limitations of using a property investment spreadsheet is that it never evolves.
A spreadsheet only knows the rules that existed when it was created.
Australian tax legislation changes regularly. Tax rates, thresholds, deductions, reporting requirements and ATO guidance continue to evolve. At the same time, your own portfolio changes through property purchases, sales, refinances, renovations and ownership changes.
Unless you’re constantly reviewing formulas, calculations and assumptions, there’s a risk your spreadsheet becomes less accurate over time.
That’s because spreadsheets are designed to store information, not apply Australian tax legislation.
TaxTank is continually updated to reflect the latest Australian tax rules and ATO requirements, helping ensure your portfolio is assessed using current legislation rather than outdated assumptions.
As your portfolio grows and tax rules evolve, TaxTank evolves with them, giving you confidence that your numbers remain accurate all year round. or
Most property investment trackers just track transactions.
TaxTank gets the tax outcome right
TaxTank isn’t a generic property investment tracker that only tracks transactions.
It has been built specifically for Australian individuals managing investment properties.
Every feature has been designed around the real challenges investors face, including changing tax legislation, negative gearing rules, depreciation, Capital Gains Tax and annual tax reporting.
Typical setup
- Property investment spreadsheets
- Manual data entry
- Static formulas
- Annual tax preparation
- Separate depreciation schedules
- Manual capital gains records
- Difficult to see portfolio performance
- Guess your tax position
- Multiple files and folders
- Time-consuming administration
TaxTank
- Real-time property investment tracker
- Automatic bank transaction imports
- Live Australian tax calculations
- Tax ready all year round
- Depreciation managed in one place
- CGT tracked automatically
- Live portfolio dashboard
- Know your tax position anytime
- Everything in one secure platform
- More time to grow your portfolio
Most property investment trackers simply organise information
TaxTank helps you understand it. Every new transaction updates your portfolio, your rental performance and your estimated tax position automatically so you can make better investment decisions throughout the year instead of only discovering the numbers at tax time.
It's easy to get started!
Getting started with TaxTank is simple and affordable. For just $15 per month, you can start using a property investment tracker built specifically for Australian property investors, helping you track tax, depreciation, capital gains and portfolio performance in real time.
- 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
What our customers say about Australia’s first property investment tracker to calculate tax in real time
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
What is a property investment tracker?
A property investment tracker is a tool that helps you monitor your rental income, expenses, cash flow, tax deductions and overall portfolio performance. Rather than relying on spreadsheets, a property investment tracker keeps all your property information organised in one place and gives you a clear picture of how your investments are performing.
Is TaxTank a property investment tracker?
Yes. TaxTank is a property investment tracker built specifically for Australian property investors. It tracks rental income, expenses, depreciation, Capital Gains Tax, loan interest and your estimated tax position in real time, helping you stay organised and tax ready throughout the year.
Can I track multiple investment properties?
Absolutely. Whether you own one investment property or a growing portfolio, TaxTank lets you manage them all from a single dashboard. You can track each property’s income, expenses, depreciation and performance individually, while also viewing your portfolio as a whole.
Does TaxTank replace a property investment spreadsheet?
Yes. TaxTank is designed to replace manual spreadsheets by automatically importing transactions through live bank feeds and applying current Australian tax rules. This reduces manual data entry, helps minimise errors and provides year-round visibility over your portfolio.
Can I track depreciation and Capital Gains Tax?
Yes. TaxTank allows you to manage your depreciation schedules and keeps track of your property’s Capital Gains Tax records from the day you purchase the property. This makes preparing for tax time or selling a property much simpler.
Does TaxTank calculate negative gearing?
Yes. TaxTank automatically tracks your rental income and deductible expenses to calculate your property’s tax position. This helps you understand whether your property is positively or negatively geared and how it may affect your overall tax outcome.
Is TaxTank suitable for Australian property investors?
Yes. TaxTank has been built specifically for Australian tax rules. It is continually updated as legislation changes, helping property investors manage deductions, depreciation, Capital Gains Tax and other tax obligations with confidence.
Can I use TaxTank if I also have other income like shares or a sole trader business?
Yes. One of TaxTank’s biggest advantages is that it brings all your finances together in one place. Alongside your investment properties, you can also track employment income, sole trader income, shares, cryptocurrency and other investments, giving you a complete view of your financial position and estimated tax outcome.
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.