When it comes to portfolios let your creative flair take over. You can have as many or as few as you like to organise your properties just how you like them.
Adding a portfolio is quick and easy. From Property Tank select the 'Manage Properties' button.
Step 1 - Select the 'Portfolio' tab
Step 2 - Select the 'Add Portfolio' Button
Step 3 - Create your New Portfolio
Simply enter your new portfolio name and select if the property is held in your name or in an other entity.
Held in my name - would include investment properties and share properties reportable in your individual tax return.
Held in other entity - would include properties held in Trusts, SMSF's and companies which have their own reporting obligations.
Will you be letting properties in this portfolio through share platforms like Airbnb and Stayz? If so, when adding the new portfolio switch this button to enable the share property calculation on all properties added.
And that's it. Your new portfolio will then be available in the portfolio dropdown to select when adding new properties.
