Free tool · An organiser, not a tax return
Rental property tax time organiser
Every category on the ATO rental schedule, in one worksheet, with the traps flagged where people actually get burned. Type your totals, print the one-pager, hand it to your accountant instead of a shoebox. Nothing you enter leaves your browser.
Rental income & expenses organiser
Money in
Money out
Total income
$0
Total expenses
$0
Net result
$0
Prepared with the free organiser at buyersfirstagency.com.au/tools/. This is an organiser for your accountant, not a tax return, and not tax advice. Figures as entered by the owner.
To be clear about the line we're drawing: this adds up what you type and flags the classic traps. It doesn't read your bank statements, doesn't decide repairs versus capital for you, and doesn't lodge anything. Those calls are exactly what a registered tax agent is for, and a good one costs less than one mis-claimed deduction audit.
Already own property?
While you've got the folder out
If you're gathering the year's numbers anyway, it's the perfect moment for a health check. The free property health check reports where your property's value, rent and suburb are actually sitting, written by hand, no pitch in the report. And if you're weighing up the next purchase, the growth calculator models what the 2026 tax rules do to it.
Fair questions
The deductions, asked properly.
What can I claim on a rental property?
The usual set: agent fees, interest on the investment loan, rates, insurance, land tax, repairs, depreciation via a quantity surveyor schedule, and a dozen smaller lines. The organiser above has a row for each, with the traps flagged where people get burned. What you can’t claim: travel to inspect (gone since 2017 for individuals), initial repairs, improvements dressed up as repairs, and the personal slice of a redrawn loan.
Are repairs and improvements the same thing at tax time?
No, and this is the most expensive mix-up on the schedule. A repair restores something to how it was: fixing the fence the storm broke. An improvement makes it better than it was: replacing the fence with a bigger one. Repairs deduct now; improvements are capital and depreciate over years. And fixing anything that was already broken when you bought the place is an "initial repair" — capital, no matter how much it feels like a repair.
Can I claim travel to inspect my rental?
For individual investors, no. That deduction was removed back in 2017, and plenty of people are still claiming it on muscle memory. Excluded entities like companies can differ, which is one more reason the structure conversation belongs with your accountant.
Is this a tax return?
No, and it isn’t trying to be. It’s the one-page summary your accountant wishes you’d walk in with, instead of a shoebox. Preparing and lodging returns is registered tax agent work, and that’s not us. Nothing you type here leaves your browser — it saves on your own device so you can come back to it, and prints when you’re done.
General information only, not tax, financial or credit advice. The organiser totals what you enter and flags common traps; it can't see your records and doesn't make judgment calls. Deduction rules change and have exceptions. Preparing and lodging returns is work for a registered tax agent, and yours should have the final say on every line.
Sorted for tax time. What about the next one?
The organiser looks backwards. The research looks forwards. That's the part we do for a living.