Adding your first property
What each field on the add-property form actually feeds into — settlement date, purchase price, ownership structure and loan details all flow through to your reports later.
Start typing an address and BrickTrack fills in the rest from there. A few fields matter more than they look.
Settlement date
This is the date your cost base starts, and it drives every depreciation and CGT calculation from here on. If you're not sure of the exact date, check your settlement statement rather than guessing from memory — getting this wrong shifts every tax figure downstream of it.
Purchase price and costs
Enter the purchase price plus the costs of buying: stamp duty, conveyancing, and any building or pest inspections you paid for. These roll into your cost base alongside the settlement date.
Ownership structure
Choose who owns the property — you personally, jointly, or through a trust, company or SMSF. If it's held through an entity, add that entity first under Entities so you can attach the property to it. Getting this right at setup means your reports split correctly by owner later, instead of needing a correction after the fact.
Loan details
If the property is financed, add the loan amount, interest rate and lender. This feeds your interest deduction and equity figures — you can add or edit it later if the loan changes.
Once the property's saved, the next step is getting your transactions in. See importing transactions.