I Need Advice on How to Maximize Tax Benefits Using Rentablo's Features?

Hello there,

I have recently started using Rentablo to track my investments and manage my finances; and so far; I have found it to be a great tool. Although; I am hoping to optimize my usage of Rentablo; specifically in terms of tax benefits. I know that Rentablo offers various tax related features; such as tax reports and integration with financial institutions; but I am not entirely sure how to leverage these features to their full potential.

Can anyone share advice or best practices for using Rentablo to maximize tax benefits? For example; I would love to know how I can efficiently track and categorize my expenses and capital gains; especially when dealing with complex investment portfolios. Are there any specific tools within Rentablo that can help me minimize my taxable income or identify tax saving opportunities?

Additionally; I have heard that Rentablo provides automatic tax reports at the end of the year. How accurate are these reports, and how closely do they align with the latest tax regulations? I want to make sure I am staying compliant while also taking full advantage of available deductions.

Also, I have gone through this post; https://forum.rentablo.de/t/kein-depot-import-moeglich-devops which definitely helped me out a lot.

Lastly; if anyone has experience using Rentablo for tax planning in conjunction with other financial tools or advisors; I would love to hear about your approach. Does Rentablo integrate smoothly with external tax services or software; or is it better to rely on its built-in features?

Thanks in advance for your help and assistance.

Hello @nishu

Thank you for your message!

Rentablo does not offer any tools to help you minimise your taxable income. For this, please consult a tax advisor. Rentablo does not issue tax assessments. Where did you get this information?

You can use the Finance Manager to optimize your portfolio of securities by making your own decisions based on the data, e.g. performance or yield analysis. Furthermore, the Finance Manager offers additional options to get an overview of your finances, e.g. the cashflow analyser or dividend planner.

You cannot currently connect the Finance Manager to other tools.

Best,

Patrick