Multi property portfolio FAQs

Can I have individual statements for each property within a multi-property portfolio?

Not directly. Indirectly, the statement layout is organised on a per-property basis and that might be exactly what you want. Even though you are sent one statement, it has a nice summary for each property. Another way is to reorganise your properties: have one portfolio — one property approach. That way you get one statement per property.

Can I have each property in the multi-property portfolio only pay for its own expenses (i.e. never use the income of another property)?

No. To avoid sharing income and expenses between properties, change your portfolio structure: put each property in its own portfolio.

Are there any limits on which properties can be put in the same portfolio?

Yes:

  • Only properties that have exactly the same owners can be put in the same portfolio. The legal ownership structure must be exactly the same.
  • Commercial properties and residential can’t be in the same portfolio.
  • A portfolio can’t have some commercial properties registered for GST and some — not registered. Either all or none.

 

     v.2022.10.17