Keep for 5 years. 1  Taxation documents, including personal tax returns, company returns and, if registered for GST (or VAT), records of payments and refunds. 2  In the case of a tax audit, investigations can cover a period of up to 5 years. Keep the documents relating to your tax declarations for this period.
http://www.readersdigest.ca/travel/travel-tips/how-long-should-i-keep-documents/
Basically, you’ll want to keep a good trail (paper and electronic) for each tenant, including the following documents: 1  tenant’s rental application, references, credit report, and background information, including information about any cosigners. 2  a signed lease or rental agreement, plus any changes made along the way.
http://www.nolo.com/legal-encyclopedia/what-tenant-records-i-need-keep.html
Keep for 3 years. 1  Gas and electricity bills after you have left a rental property. 2  Documents relating to the sale and management of real estate property. 3  Rental agreement.  Rent 1  receipts. Receipt of payment of lawyers’ fees.
http://www.readersdigest.ca/travel/travel-tips/how-long-should-i-keep-documents/
Basically, you’ll want to keep a good trail (paper and electronic) for each tenant, including the following documents: tenant’s rental application, references, credit report, and background information, including information about any cosigners.
http://www.nolo.com/legal-encyclopedia/what-tenant-records-i-need-keep.html
Bills - 1 year for anything tax or warranty related, all other bills should be shred as soon as they have been paid. Credit Card Bills - Shred immediately when paid. Home Improvement Receipts - Keep until home is sold. Investment Records - 7 years after you've closed the account or sold the security. Leases - Keep until you've moved out and have received your deposit back from the landlord. Paychecks / Pay Stubs - 1 year until you've received your W-2. Sales Receipts - Keep for the life of the warranty.
https://www.thespruce.com/how-long-to-keep-documents-2648494
The IRS says you must keep your records as long as they may be needed to prove the income or deductions on a tax return. For example, determining gain or loss on a sale or disposal of an asset, you will need to substantiate the cost, so records and receipts related to that asset must be kept as long as asset is still in service and then add 3 years.
http://www.qbalance.com/Record_retention.htm
In a nutshell, to be conservative keep documents a minimum of 7 years if the document supports. a deduction on your tax return. If the outlay or deposit of cash resulted from acquiring or selling an asset, keep the documentation for 7 years after the sale of the asset.
http://www.qbalance.com/Record_retention.htm
After a tenant moves in, add these documents to the individual’s file: 1  your written requests for entry. 2  rent increase notices. 3  records of repair requests, and details of how and when they were handled.  safety and maintenance updates and inspection reports, 1  and. emails and correspondence.
http://www.nolo.com/legal-encyclopedia/what-tenant-records-i-need-keep.html
Fiscal tax year. A fiscal tax year is 12 consecutive months ending on the last day of any month except December. A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but does not have to end on the last day of a month.
https://www.irs.gov/publications/p583/ar02.html
These documents you may touch as often as monthly or weekly: 1  Bank Statements - 1 month. 2  Bills - 1 year for anything tax or warranty related, all other bills should be shred as soon as they have been paid. 3  Credit Card Bills - Shred immediately when paid.  Home Improvement Receipts - Keep until home is sold.
https://www.thespruce.com/how-long-to-keep-documents-2648494
how long do you have to keep lease documents
Lease documents have to be kept until you've moved out and have received your deposit back from the landlord. You have to keep lease documents until you've moved out and have received your deposit back from the landlord.