5. Loan records
Any type of loan record should be placed in a secure place. So, from car loans to mortgages, keep every single loan record as an evidence that a certain loan was paid off. Why? Because, if there’s a problem with the records of a creditor, you have the proof that everything’s okay.
6. Rental agreements
You should keep your rental agreement for at least six years after the end of the lease. If you’re about to make a rental agreement, note that the lease should contain the names of all tenants and occupants, a specific description of the property, the term of the tenancy, the exact amount of rent, maintenance policies and regulations.
Next, we suggest you ensure you have everything in order…..
3 thoughts on “8 Important Documents You Should NEVER Throw Away”
This is good organization technique I keep mine in my safe deposit box
I wish I would have kept my 1988 tax forms because Social Security went back 31 years when I applied for disability and was granted in 2019. Since I couldn’t prove I made the amount that was on Social Security Statement for that year by not saving that years paperwork, Social Security cut that amount in half which affects my monthly disability payments. IRS doesn’t keep records for that long either
So I suggest people should save their tax records till death then family members can dispose of them then.
GREAT ADVISE