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Property Tank

Everything you need to know about managing your property portfolio.

45 articles
Managing Properties & Portfolios

Master property and portfolio management with TaxTank. From adding properties to managing ownership percentages and portfolio types including SMSF, Trusts and AirBnB.


How to add propertiesLearn the process of adding properties to TaxTank for comprehensive asset tracking and management.
Why it’s important to check before entering a manual addressLearn why checking your address before entering it manually in TaxTank ensures accurate CoreLogic valuations and property data.
How to add a Property PictureEnhance property records by adding pictures for visual reference and documentation in TaxTank.
How to allocate property loans in TaxTankLearn how to allocate loans to properties in TaxTank by security or usage to track equity accurately and stay compliant with ATO guidelines.
How to edit a propertyLearn how easily edit properties in TaxTank. Navigate to Property Tank, click 'Property Tab', then edit with the pencil icon.
How to deactivate a propertyLearn how to deactivate a sold or transferred a property so it can reactivated if needed at anytime.
How to delete a property in TaxTankLearn how to delete a property from TaxTank by making it inactive, removing any data, and finally deleting.
How to update your property when its use has changedNavigate the steps to update property use details, ensuring accurate financial reporting.
How to create custom portfolios to manage your propertiesDiscover how to create customised property portfolios to organise and analyse your property investments effectively.
How to change/edit your property ownership percentageLearn how to adjust ownership percentages for properties, ensuring accurate asset allocation.
How to seamlessly manage your property held in a SMSF in TaxTankLearn how to seamlessly manage your Self-Managed Super Fund (SMSF) property within TaxTank.
How TaxTank tracks and labels your property performanceLearn how TaxTank tracks property performance with real-time insights, highlighting top tax savings, equity gains, and ongoing monitoring.
How to connect your properties to your Sharesight accountHow to connect your properties from TaxTank into your Sharesight account using the 2 way API integration.
Property Income & Rental Statements

Optimise your property income management and learn how to add incomes, view and edit transactions and streamline your rental property finances effortlessly.


How to add property incomes and monthly statementsLearn the process of adding property incomes and expenses from your monthly statement to ensure accuracy.
How to view or edit an income transactionLearn how to effortlessly view and edit income transactions, ensuring accuracy and transparency in your rental property finances.
How to add rental income with amounts held over by a Real Estate AgentLearn how to manage rental income with Real Estate adjustments held over by an Agent accurately for tax purposes.
How to add rental income with amounts contributed by a LandlordLearn how to accurately manage rental income statements which include landlord contributions and refunds, for optimal tax management.
How to manage variances between your annual rental statement and actual payments receivedLearn how to mange any rental income variances due to the timing of payments across financial years.
What to do when the gross rental income on your Annual Rental Statement is more than what's in TaxTankLearn how to manage rental income variances due to the timing of payments across financial years when your statement shows more than TaxTank
What to do when the gross rental income on your Annual Rental Statement is less than what's showing in TaxTankLearn how to manage rental income variances due to the timing of payments across financial years when your statement shows less than TaxTank
How to allocate rental income when you have one rental statement for multiple propertiesLearn how to allocate rental income when multiple properties are reported on one monthly rental statement.
How to reconcile rental income when you have a monthly statement but receive payments weekly or fortnightlyLearn how to reconcile rental income when you have a monthly statement but receive payments weekly or fortnightly.
Property Depreciation & Borrowing Expenses

Learn to add depreciation schedules, borrowing expenses, and utilise calculators for informed investment decisions.


How to add property depreciationLearn how to add property depreciation (capital works, plant & equipment & LVP) seamlessly into TaxTank for accurate financial reporting.
How to add depreciation for building and improvementsLearn how to add depreciation for buildings and improvements for your investment property.
How is Capital Works depreciation calculated?Understand how Capital Works depreciation is calculated, maximising tax benefits for your investment properties.
How to add borrowing expenses for your investment propertyLearn how to add borrowing expenses for your investment property accurately, optimising tax deductions within TaxTank.
How to use the Property Borrowing Power Calculator in TaxTankLearn how to utilise the Property Borrowing Power Calculator effectively within TaxTank for assessing investment potential.
How does the Property Borrowing Power calculator work?Gain insights into how the Property Borrowing Power calculator works, empowering informed investment decisions.
Help with inputting your depreciation scheduleIf you need help inputting your depreciation schedule, we have a service available for $22 per schedule. Quick, accurate, and hassle-free!
How to add grouped depreciation items to the Low Value Pool (LVP)Learn how to manually add grouped depreciation assets to the Low Value Pool (LVP) in TaxTank.
How to set up custom depreciation for commercial property or non-standard assetsLearn how to create custom categories for commercial properties or assets not covered by ATO useful life guidelines.