How Long Should I Keep Rent Receipts?
Landlords are strongly advised to keep copies of Rent Receipt, although they are not legally required to do so.
Should any legal claims regarding their real estate income arise, Rent Receipts can be used as evidence.
Those tenants benefiting from home-office-related income tax deductions should keep Rent Receipts for a minimum of3 years after filing their return.
However, if the IRS suspects fraud, they may extend the limit to 6 years.