Jointly let properties in Dext Solo let you manage shared rental properties for a client, split ownership between co-owners, and generate beneficial interest statements for each owner.
What are jointly let properties in Dext Solo?
Jointly let properties allow you to manage rental properties that are owned by more than 1 person, while ensuring each owner reports their correct share.
In Dext Solo:
You record 100% of income and expenses for each property
Each transaction is assigned to a rental property
Ownership periods define who owns what share and when
Reports automatically show your client’s share of totals
Important: The primary owner (your client) is responsible for recording all transactions, even when the property is jointly owned.
Set up a rental property for a client
To use jointly let properties, first create the rental property in the client’s account.
Go to Business settings
Select Rental properties
Select Add rental property
Enter:
Name
Ownership percentage (your client’s share)
Start date
Select Save
Note: The start date is when you begin accounting for the property - not when it was purchased. This ensures pre-acquisition costs can be included where needed.
Add co-owners for a property
You can add co-owners to reflect who shares ownership of the property.
Go to Business settings
Select Rental properties > Owners
Select Add owner
Enter the owner’s Name
Select Save
Define ownership periods and shares
Ownership periods let you define how ownership is split over time, which directly affects reporting.
To set ownership periods:
Open a property from Rental properties
In Ownership periods, select Add period
Enter:
Start date
Ownership percentage for each owner
Select Add co-owner if needed
Select Save
Ownership periods:
Apply from their start date onward
Define how income and expenses are split
Can include multiple owners
Important: Ownership percentages across all owners in a period don't currently need to add up to 100%.
Where to review ownership splits
Dext reflects ownership across reports, from totals to individual transactions.
UK Property (SA105) report
The tax report shows total income and expenses for all properties.
Go to Reports
Select Tax report
Select the correct Tax year from the dropdown in the top right
Select the drill-down icon (eye) next to a category to view the underlying transactions
Transaction summary
The transaction summary shows how ownership affects reporting.
Go to Reports
Select Transaction summary
Select the correct date range at the top of the report
(Optional) Use the filter icon in the top right to filter by Rental property
In this report:
Amount = full transaction value (100%)
Total share = your client’s share based on ownership
For example:
25% ownership → client reports 25% of income and expenses
50% ownership → client reports 50% from that date onward
Tip: Select a line in the report to view the transactions included in that total.
Export and import beneficial interest statements
Beneficial interest statements allow each co-owner's share of income and expenses to be reported separately for HMRC purposes.
Exporting a beneficial interest statement
If you're the primary owner — or the practice managing them — you can export a statement showing each co-owner's share of the property's income and expenses for a given period.
Go to HMRC submissions in the sidebar.
Select Prepare for the relevant property and period.
Scroll to the Beneficial interest export section.
To preview a co-owner's statement, select View next to their name.
To download it, select Export — this saves the statement as a CSV to share with the co-owner.
The exported CSV breaks down the co-owner's share by SA105 tax box across all jointly held properties for the period. They can use it for their own HMRC reporting regardless of what software or agent they use.
Importing a beneficial interest statement
If you're a co-owner — or the practice managing them — you can import a beneficial interest statement exported by the primary owner. Importing the statement includes your share of the jointly let property's income and expenses in your own quarterly submission.
Go to HMRC submissions in the sidebar.
Select Prepare for the relevant property and period.
Scroll to the Beneficial interest import section.
Select Import statement.
Drag and drop the CSV into the upload area, or select Select files to locate it. The file must be the Dext CSV exported from the primary owner's submission preparation page — not a manually created file.
Select Submit.
What this means for your workflow
Jointly let properties change how you manage property clients:
You maintain one complete set of records per property
Ownership periods handle splitting logic automatically
Beneficial interest statements can be exported for co-owners to use in their own HMRC reporting, and imported by co-owners to include their share in their own submission