NO!!!!!!!!!!!! Actually, save ALL the reciepts, just don't add them up until you need toOriginally Posted by ReiKo
Very nice work...
Treat this like a race car.. Don't save receipts...
Ever need help let me know... If I'm free I'll help since I basically have all the tools possible.... I ditched a lot of receipts on my old house back when they closed the tax break for home improvements. A few years later I ended up renting the place for a few years and classified it an investment property. EVERYTHING I ever did to it or spent money on (including property taxes while it was a rental) was applied is one way or another to offset gains when I ended up selling it. I short sold it, claimed the losses and took home 4x my normal tax return that year. It would have been more if I could have documented some of the other things I chucked the receipts for. I lost $$ overall, but the tax return at least offset a significant portion of the loss.
Do a Peter Lefleur (dodgeball) get a box for the "keepers", you never know what the future will hold, I never thought I was going to be stuck with an upside down house, renting, short selling..
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