Are you missing tax deductions, losing receipts, or spending hours managing property finances?
Almirah bought a new property and missed claiming $15,000 in tax-deductible Loan Setup Fees and Lender Mortgage Insurance (LMI). Since these costs are deductible over 5 years (1826 days), missing them meant losing $6,000 in tax savings (at 40%).
With The Property Accountant, Almirah connects her bank loans and the system automatically tracks all fees and charges debited to loan accounts, spreads LMI & Setup Fees over 1826 days and ensures every deduction is applied—without manual work.
Sonali manually tracked land tax, insurance and renovation costs, often forgetting expenses or losing receipts. She missed claiming $2,000 for insurance and $500 for Bunnings receipts, costing her $1,000 in tax savings (at 40%).
With The Property Accountant, Sonali scans or uploads invoices, selects the property and adds the amount for automatic recording in income, expenses, or costs—ensuring every deduction is applied without manual work.
Raj created his depreciation schedule years ago when he bought the property. He spent $20,000 upgrading heating, cooling, ovens and a cooktop, but did not claim any depreciation on these new assets. He missed $4,000 in depreciation per year for the next 5 years, costing him $1,600 in tax savings annually and $8,000 over 5 years (at 40%). This also made his tax filing more complicated.
With The Property Accountant, Raj scans the invoice and updates costs via the mobile app or web portal as equipment. Raj or his tax accountant can then generate a depreciation schedule for new asset additions. Once added, the system automatically tracks and applies every eligible deduction, ensuring he claims the full $4,000 each year—without manual effort.
Sam bought an investment property but missed claiming council and water rate adjustments from the settlement statement, which he had already paid at purchase. He also overlooked expense deductions, costing him $2,000 in missed deductions and $800 in tax savings (at 40%).
With The Property Accountant, Sam emails his settlement statement and the system automatically extracts and categorises all deductible costs, including council rates, water adjustments, stamp duty and title registration. Expenses are recorded for annual tax filing or added to the cost base for CGT calculations—ensuring nothing is missed.
Raj used to spend hours gathering documents for his tax accountant—exporting spreadsheets, forwarding emails and answering endless queries. Missing records and manual errors often led to delayed tax filing and overlooked deductions, costing him time and money.
With The Property Accountant, Raj grants his tax accountant secure access to view financial reports, eliminating emails and document sharing. All income, expenses, depreciation and loan details are available in real time, ensuring faster tax filing and maximum deductions—without back-and-forth communication.
Sonali needed to refinance her loan but struggled to provide complete property and loan details to her mortgage broker. She had to manually collect and send loan rates, loan amounts, statement copies, interest rates, repayment amounts and rent statements, leading to delays. The process took a few weeks, delaying her application and causing her to miss a lower interest rate for the interim period, costing her thousands in extra repayments.
With The Property Accountant, Sonali's mortgage broker gets direct access to all property and loan details in real time. She only needs to provide salary slips or income details, ensuring faster loan approvals, accurate refinancing options and better interest rates—without paperwork or delays.
05-06
Properties
20-30
Minutes setup time
05
Max min every month
From | Before | After |
---|---|---|
Chaos to Clarity | Scattered documents, missed deductions and last-minute tax stress | Automated tracking, organized records and year-round tax readiness |
Guesswork to Data-Driven Decisions | Uncertain about rental yields, equity and ROI | Real-time metrics on cash flow, loan balances and property performance |
Isolation to Collaboration | Struggling to share financial data with accountants and mortgage brokers | Direct access for professionals—no emails, no delays |
Missed Deductions to Maximum Claims | Forgetting depreciation items or paying for updated schedules | Depreciation items automatically tracked and applied for full tax benefits |
Take the first step towards streamlining your property accounting, finances and document management with our AI-powered tools.