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Tax law changes
Hi @RWRDfamily! Like a lot of things related to tax law, the answer is it depends. I have included a link to the IRS recommendations below, but in general you would need to keep records for a minimum of 3 years. However, since you mention having properties, you will want to keep those records longer to figure any depreciation, amortization, and to determine the gain or loss on sale of property.
‎September 28, 2022
11:18 AM