| Who it is for | TaxTank "Built for Australian Property Investors" (T1) | PropRetire Personal is for an investor planning their own properties, loans, income and super, in one portfolio. Business is for advisers, accountants, buyers agents and mortgage brokers, and each adviser in the business adds 50 clients (P1) |
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| What you record | TaxTank Rental income, expenses, deductions, loans, depreciation, capital works and ownership (T1) | PropRetire Legal owners, properties, other assets such as cash, super and investments, loans, income and living expenses. A legal owner is a person, company, trust or SMSF (P2) |
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| Price | TaxTank Property Tank is $180 a year for up to five properties, and $36 a year for each property after that. In Australian dollars. GST is not stated (T2, T5) | PropRetire Personal is $49 a month or $439 a year. Business is from $399 a month or $3,599 a year for one adviser. In Australian dollars with GST (P1) |
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| Free start | TaxTank A 14-day free trial, with no credit card (T2) | PropRetire A 14-day free trial on Personal and a 30-day free trial on Business, with no credit card (P1) |
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| Tax on a sale | TaxTank Calculates the gain from the purchase, ownership and capital cost records (T1) | PropRetire Each legal owner's tax is worked out with the sale and without it (P3) |
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| A sale from 1 July 2027 | TaxTank TaxTank says it will add the new rules to its calculations when they take effect (T4) | PropRetire Cost base indexation and a 30% minimum tax replace the 50% discount for a person or trust, and the gain up to then keeps the old rules (P3) |
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| Retirement | TaxTank Not mentioned (T1 to T6) | PropRetire Runs the records to the end of the retirement plan once for each strategy, such as keeping everything or selling the rentals, and says when any strategy's cash runs out (P4) |
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| Cash forecast | TaxTank Compares a property's actual cash position against its forecast (T6) | PropRetire Carries each legal owner's cash forward month by month for up to ten years, and gives the first day any owner's cash runs out (P5) |
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| Rate rise test | TaxTank Not mentioned (T1 to T6) | PropRetire Raises rates or spending, or cuts income or rent, and names each owner whose cash runs out, with the date (P6) |
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| Offset accounts | TaxTank Its article lists offset accounts among the loan details an app should tell apart, and says TaxTank keeps loan information with each property (T4) | PropRetire An offset account links to a loan, and interest is worked out on the debt after offsets (P7) |
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| Your accountant or adviser | TaxTank You can invite your accountant, adviser or a co-owner (T1) | PropRetire Each result downloads as a PDF, and Financial year review has a spreadsheet for your accountant (P1, P8) |
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| A firm with many clients | TaxTank A Firm or Advisor account is free to register and holds all of a firm's clients under one login. Each client pays their own subscription (T3) | PropRetire Business is priced by the number of advisers, and each adviser adds 50 clients (P1) |
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| What else the maker names | TaxTank Deductions, depreciation and capital works for each property, and separate modules, Sole Tank and Work Tank at $9 a month and Holdings Tank and Money Tank at $6 a month, paid annually (T1, T2) | PropRetire Records each property's depreciation and capital works history for its tax estimates (P3) |
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