Powerful property portfolio software for property investors
Ditch the spreadsheets and manage your whole property portfolio in one place – including investment properties, your home and properties owned in trusts.
The only property portfolio software solution you need
TaxTank lets you take control of your property portfolio with live bank feeds, built in smart tools and permanent document storage to ensure you know exactly what’s happening with each property so you can make the best decisions for your financial future while maximising your deductions and minimising your tax.
What you get in Property Tank
Monitor portfolio and property performances including growth, tax and equity in one place so you know exactly where you stand.
Get it right and claim every possible deduction with live bank feeds, built in smart tools and permanent document storage.
Planning & Collaboration
Share with co-owners, accountants and advisors for real-time data sharing and planning to take the hassle out of tax and borrowing.
Whole property portfolio management in one software
TaxTank lets you group your properties in different portfolios to ensure you have complete management and oversight of equity, growth and tax – no matter what your structure is. Even better, you can create customised portfolios to manage them in a way that works for you.
Add investment properties as per your ownership for simple tax and compliance.
Calculate the percentage of claim accurately with smart tax tools and update any time.
Automatically capitalise property expenses to ensure you minimise any Capital Gains Tax (CGT).
Trusts & Companies
Centrally manage properties held in other entities for complete portfolio oversight.
Principle Place of Residence (PPOR)
Manage your home expenses and simply move it to an investment portfolio if things change.
Take control of your property tax
The ATO reported that as a result of a recent random sampling of returns claiming rental properties, 9 out of 10 contained errors*. The number one cause leading to the dis-allowance of rental property claims was missing receipts or other documentation to support a claim.
So beat the ATO at their own game with TaxTank. Using live bank feeds to capture every possible deduction, and built-in smart tools to calculate claims correctly, you can be confident you’re getting it right. You’ll know exactly what’s happening with each property so you can make the best decisions and minimise your tax.
Monitor your property performance and equity
TaxTank reports the tax and cash position of properties and portfolios live so you can see exactly what each property costs to hold (cash position) and the impact in your tax return (tax position) so you can make better decisions to proactively control how much tax you pay.
Better still, we’ve partnered with CoreLogic to forecast growth and equity over time for better planning. Having a clear picture of property performance and equity, coupled with rental returns and interactive reports, will ensure you’re always in control and armed with the right information when thinking about buying or selling
Property Portfolio Software Features
TaxTank goes above and beyond by offering features to manage investment properties, property portfolio oversight, and real-time property schedules. The Automated Depreciation for Property and Property CGT Calculator make tax planning a breeze.
You can even share expenses with property co-owners hassle-free.
TaxTank is built as a modular system so you only pay for what you need.
Property Tank is just $15 a month to manage 5 properties. Have more than 5, no problem you can include as many as you need for an extra $3 per property per month.
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.
Have more than 5 properties? No problem, you can add as many as you like with our property add-on.
Frequently asked questions
Absolutely it is worth adding your own house. You can keep a really accurate budget and look at updated market values and growth predictions. Plus if you change your main residence to an investment property in the future, you will have your records in the one place.
Not at all, that’s why we have come the rescue. Tax has always been so boring and convoluted, we have broken it down into cool software that is super easy to follow and understand. We also have a bunch of support videos and articles available should you need help with anything.
Yes you can. The beauty of TaxTank is that you can record these changes accurately and when they happen so you can future proof yourself should the ATO have any questions.
Yes absolutely, you can use our Share Properties calculator and it will accurately work out the percentage required to allocate and report accurately to the ATO.
We partner with Basiq, one of Australia’s largest providers of Open Banking, so we now have access to over 180+ banks. As more come onboard with the Open Banking protocols, they will automatically get added to TaxTank.
It only takes a few minutes to get your bank feeds set up and adding in your property details. It may take a few minutes extra to add in your depreciation schedules, however we have tried to make it as easy as possible. If you have your last tax return handy, you can add in all of the details quickly, plus you can edit details if you make a mistake.
Don’t miss out on tax opportunities.
Try TaxTank for a free 14 day trial to feel confident about your tax position and transform the way you think about tax.