Lendlord will add the facility for automated tax insights to its portfolio management product for landlords.
Online portfolio management platform Lendlord has partnered with Guardian Tax & Accounting to add to its product with automated tax insights for landlords.
The product will allow landlords to track their portfolio’s net profit, total capital gains tax and their inheritance tax exposure on an ongoing basis.
Specialist property tax advisers Guardian Professional will provide bespoke third-party advice to Lendlord’s customers on how they can implement the software product recommendations and reduce their tax liability.
Aviram Shahar (pictured), co-founder and CEO at Lendlord, said: "We are very excited to have the opportunity to work together with such a professional firm as Guardian, which has massive experience in the property tax and accounting world.
"This collaboration helps us enhance the level of automation of the platform to provide ongoing tax insights and simulations based on the changing circumstances of the landlord/property investor.
"Add this to the existing collaboration with property forum Property Tribes, and we are starting to realise the Lendlord mission of providing a professional digital ecosystem for landlords to operate within which aids and supports a more efficient landlord life".
Amit Prasanna, director at Guardian Tax & Accounting, said: “As a forward looking and innovative firm ourselves, we are thrilled to partner with the Lendlord team to bring real-time and actionable information to landlords.
"Our aim is to help landlords make better decisions about their property business and personal tax affairs.
"By collating and centralising key data for landlords, the Lendlord platform facilitates our analytics process, making it easy and simple to get early warnings of issues that may arise in future, giving landlords ample time to plan ahead.”