If you need to delete a property in TaxTank, there are a couple of key steps to follow. However its important to not that properties can only be deleted if they have no data, so if you’ve mistakenly added one, make sure to remove any allocated transactions first. Simply follow these steps:
Step 1: Make the Property Inactive
Before a property can be deleted, it must be set to inactive:
Navigate to the Property Tank section.
Select the property you want to remove.
Click on Edit Property Details and change the status to Inactive.
Save your changes.
Step 2: Remove Any Data (If Needed)
A property can only be deleted if there are no linked transactions or financial data. If you’re unable to delete it, check for:
Allocated transactions (bank feeds or manual entries)
Any depreciation claims added
If any data exists, delete it first before proceeding.
Step 3: Delete the Property
Once the property is inactive and has no data:
Use the Filter option to display inactive properties.
Locate the property you wish to delete.
Click on the Delete button.
⚠️ Important: If you see an error when trying to delete a property, it likely still has data attached—double-check for any remaining transactions or tax entries and remove them first.
🔹 Note: Only the original owner can delete a property. Invited co-owners do not have deletion permissions.