Connecting TaxTank to Sharesight seamlessly integrates your property investments with your share portfolio, giving you a complete view of your assets in one place. Once connected:
Your properties will be added as custom investments in Sharesight.
Market values updated in TaxTank will automatically sync to Sharesight.
Rental income recorded in TaxTank will appear in Sharesight as ‘dividend’ income (this is simply where Sharesight places it for tracking purposes).
Property income, including CGT, will be included in Sharesight’s Income Tax Reports, consolidating all your investment earnings for easier tax reporting.
How to Connect TaxTank to Sharesight
Go to Property Tank in TaxTank.
Click "Connect Sharesight" and confirm the connection.
Enter your Sharesight credentials and click OK.
The sync process takes a few minutes, your properties will be created as custom investments in Sharesight. You’ll receive a notification once syncing is complete.
All new properties added in TaxTank will be synced with Sharesight automatically.
Q&A - What Happens After Connecting?
How long does the initial sync take to create the custom investments?
The initial sync takes just a few minutes. You’ll receive a notification once your properties have been successfully created in Sharesight.How often does TaxTank sync with Sharesight?
TaxTank syncs with Sharesight every night, ensuring your property values and rental income stay up to date.What if I already have my properties manually added in Sharesight?
To avoid duplication, manually entered properties in Sharesight should be removed before syncing with TaxTank.
How is property income displayed in Sharesight?
Rental income from TaxTank is categorised as ‘dividend’ income in Sharesight’s portfolio view. While this isn’t technically a dividend, this is where Sharesight places it for tracking purposes.
Do I need to add an opening balance for rental income in Sharesight for income earned before the connection was live?
No, all rental income will be automatically synced to Sharesight during the connection process, ensuring your gross income amount is fully up to date.
Where does my rental income appear in Sharesight reporting?
Your rental income will be included in Sharesight’s Income Tax Reports, helping you track total investment earnings.
What if I add a new property in TaxTank?
You can choose to automatically sync new properties to Sharesight, ensuring all your investments stay updated without manual entry.
Do I need to enter my Sharesight credentials every time?
No, if you have already connected Sharesight in Holdings Tank, you won’t need to enter your credentials again. Simply accept the sharing request in Property Tank to enable syncing.
What if I want to remove a property from Sharesight?
If you no longer want a property tracked in Sharesight, you can delete it directly in Sharesight without affecting your records in TaxTank.
Can I disconnect the sync later?
Yes, you can cancel syncing separately in Property Tank and Holdings Tank at any time.