If your investment property records felt stressful last year… don’t do it again.

EOFY is coming up fast, and most property investors are about to leave everything until July again. Rental statements, loan interest, depreciation, ownership percentages, borrowing costs and refinancing can become overwhelming very quickly when you’re trying to piece it all together afterwards.

TaxTank helps property investors stay organised throughout the year while calculating property tax positions in real time as you go.

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Most property investors only think about tax when it’s already too late

For many investors, tax season becomes a scramble to:

And when records are messy, deductions are often missed. Because you can’t claim what you can’t track.

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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Property tax is more complicated than most software can handle

Most bookkeeping or budgeting software simply categorises transactions.

TaxTank was purpose-built around Australian tax law to help property investors track and calculate tax properly throughout the year. As transactions are allocated, TaxTank applies tax rules in the background to help calculate your property tax position in real time.

That includes areas such as:

So instead of waiting until tax season to work out where you stand, you can actually see your property tax position throughout the year.

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Property Depreciation Schedule in TaxTank the expert Property Tax Preparation Software

How TaxTank helps property investors get ready for tax season

Built for Australians with more than just a simple tax return, TaxTank is property tax preparation software designed to help investors stay organised before EOFY instead of scrambling afterwards.

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Connect your bank accounts

Secure Open Banking bank feeds help automatically bring your investment property transactions into TaxTank.

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Track property expenses throughout the year

Stay on top of rental income, loan interest, repairs, borrowing costs and deductions as they happen instead of leaving everything until July.

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See your live property tax position

TaxTank applies Australian tax rules in the background to help calculate your property tax position in real time.

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Make tax season easier

When tax season arrives, most of the hard work is already done.

Property CGT Report from TaxTank

EOFY is coming sooner than you think

Don’t wait until July to realise your property records are a mess.  Start tracking your investment property tax properly now with TaxTank.

More than a tracker, built for the right property tax outcome

Whether you own one investment property or an entire portfolio, TaxTank helps track your deductions, expenses and financial position throughout the financial year while applying Australian tax rules in the background to help calculate your live property tax position.

Unlike standard bookkeeping software that simply tracks transactions, TaxTank is purpose-built for Australian property investors who want better visibility and control over their tax before EOFY arrives.

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Property Portfolio Oversight

Track multiple investment properties, financial performance and equity all in one place.

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Live Bank Feeds

Ensure nothing is missed with automated live bank feeds using Open Banking.

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Automated Tax Tools

Automatically allocate income and expenses using bank rules so you can set and forget.

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Depreciation & CGT Tools

Track depreciation, capital works and capital gains without relying on spreadsheets.

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Maximise Deductions

Automatic calculations of your estimated tax position to highlight ways to maximise deductions.

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Easy Collaboration

Share with property co-owners, accountants and advisors so you can keep on top of everything year round.

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Secure Document Storage

Attach receipts, document, statements and even warranties for a secure record that never fades.

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Peace Of Mind

Avoid stress at the end of the financial year and know your tax position all year round.

Pricing

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.

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

Rated 5 out of 5
“I have been using TaxTank for over a year now to manage our property portfolio. We now proactively manage our income and expenses using the live bank feed allocations in TaxTank so there is little hands-on time needed from me.

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.”
Tammy Van Diest
“Using TaxTank has ensured we have reduced costs and effort at the end of financial year, minimised tax paid as we can now track all expenses and income in one single system and peace of mind knowing we can find everything in one secure place.”
Amanda Thomas
“Ever since I've been using TaxTank, it has made life so much easier. I can't say more than this amazing feature of live bank feeds. It is amazing and a game changer! This has made almost the near impossible of recording all bank transactions now very possible. Another feature I enjoy using is the forward outlook on the depreciation of a property once the initial inputs are stored. It has been an enjoyable and pleasurable experience using TaxTank. Highly recommend.”
Terence Wee
“TaxTank has provided me with a better insight to my portfolio from my expenses management, income and the expected tax return at the end of the financial year ”
George Jimmy Winaulin
“TaxTank can integrate with my accountant, manage multiple property assets, input and manage depreciation schedules, manage vehicle logbook entries, provide tax forecasting for the financial year, connect to my Australian bank account with automatic bank feeds, generate useful reports, and upload documents. I would highly recommend TaxTank to anyone looking for a comprehensive and easy-to-use personal finance software package.”
Stratos Patsikatheodorou
“Anyone who has an income and especially anyone with investment properties will find TaxTank an effective, reliable and convenient tool to use.”
Peter Cullen

Frequently asked questions

Is TaxTank built specifically for Australian property investors?

Yes.  TaxTank was purpose-built around Australian tax law to help property investors track and calculate property tax properly throughout the financial year.

Unlike standard bookkeeping software, TaxTank applies tax rules in the background as transactions are allocated to help calculate your live property tax position in real time.

TaxTank helps investors track a wide range of investment property deductions including:

  • loan interest
  • borrowing costs
  • repairs and maintenance
  • depreciation
  • capital works
  • council rates
  • insurance
  • property management fees
  • utilities and other rental expenses

Yes.  TaxTank includes built-in depreciation and capital gains tax tools to help property investors better understand their tax position throughout the year.

Yes.

Property Tank allows you to track multiple investment properties in one place, including property income, expenses, ownership percentages and financial performance.

Yes.  TaxTank uses secure Open Banking bank feeds to automatically bring your transactions into the platform, helping reduce manual data entry and missed deductions.

Most accounting software is designed primarily for bookkeeping and categorising transactions.

TaxTank goes further by applying Australian tax rules in the background to help calculate your property tax position in real time as you go.

That means you can see where you stand before EOFY instead of trying to rebuild everything at tax time.

Yes.  Many investors use TaxTank to stay organised throughout the year and then either lodge themselves or invite their accountant into the platform at tax time.

Yes.  TaxTank helps provide visibility across your portfolio so you can track income, expenses, equity and property performance in one place.

Most property investors become overwhelmed when they leave everything until July.

Tracking things throughout the year helps:

  • reduce missed deductions
  • keep records organised
  • improve visibility
  • reduce EOFY stress
  • make tax time significantly easier

 

Because the people who usually feel most in control at tax time are generally the ones who started before EOFY arrived.

No.  Whether you own one investment property or multiple properties, TaxTank is designed to help Australians stay organised and better understand their property tax position throughout the year.