Supporting property investors through effective per investment reporting in a multi-year time frame.

For tax purposes you can consolidate all your investments in one file while still being able to track the performance of your investments individually. Using Tags allows you to track each property’s own Profit & Loss and Balance Sheet. The multi-year database allows you and your Advisors to manage property investments effectively over the long-term.

Property managers advise that one of the greatest problems they face in managing properties for their clients is the loss of key purchase financial data which can result in overpayment of tax when the property is sold. A lot of indirect and day-to-day expenses are missed simply because the aren’t in the bank statements supplied. Cash expenses, depreciation, mileage, quantity survey adjustments are just a few of the areas where expenses tracked well in Saasu NetAccounts can save you thousands of tax dollars. Investors that actively tracks their investments on a regular basis tend to become expert in capturing all the direct & indirect expenses and capital improvements, allowing them to optimise tax as a result.

Features and Benefits for Property Investors

• Create a Tag for each property or set of properties
• Automate regular maintenance expenses and rental income transactions as they occur with Automated Sales and Purchase transactions.
• Track the exceptions via data entry or bank import such as capital improvements. Tag the transaction with the relevant Property Tag so it can be used for tax optimisation and performance tracking.
• Track indirect expenses such as travel, communications, stationery, literature etc. for allocation across multiple properties
• View year-to-date performance by individual property or across all properties
• View multi-year reports that provide tabular and graphical information for monitoring investment property performance
• Upon the purchase of a new property, enter all key data needed for future capital gains tax determination, with the goal of capturing the full entitlement
• Migrate prior years summary data for each property to allow multi-year investment performance evaluation* *Fees may apply.
• Track asset depreciation
• For a properties purchased in prior years, retrospectively enter all purchase costs for future capital gains tax management
• Enter current year estimated property values for inclusion in your current Balance report
• Provide Advisor access to assist in completion of a tax remittances during the year and at financial year end. DIY with our easy Tax (GST, VAT or Sales TAX) reports
• Provide Advisor access for help in overall investment planning and management of you portfolio
• Relieves you of the worry of having to create and store a backed-up set of data in a secure environment after each work session, it is done for you