[RPPTL LandTen] Document Retention Question
Hi All,
I recently had a landlord client ask me if there is any obligation to retain their tenancy records for any specific period of time. This client is not a management company, but a self-managed property owner, although they do own a significant number of rentals. I've never seen or heard of any obligation to do so, would anyone have an opinion on that issue?
Cary
Law Offices of Cary P. Sabol
P.O. Box 15981 | West Palm Beach | Florida | 33416
Office: (561) 413-4449
Cell: (561) 281-2744
Fax: (888) 316-2881
.
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I am not aware of any particular obligation to retain records. I have
suggested to my landlord clients that they retain records long enough for
any statute of limitations related to the tenancy to expire. I believe
would be a max of 5 years on a breach of contract claim.
Cardet Law, P.A.
1330 Coral Way #301
Miami FL 33145
305-403-7783
On Wed, Oct 26, 2016 at 11:28 AM, Cary P. Sabol, Esq. csabol@sabollaw.com
wrote:
Hi All,
I recently had a landlord client ask me if there is any obligation to
retain their tenancy records for any specific period of time. This client
is not a management company, but a self-managed property owner, although
they do own a significant number of rentals. I've never seen or heard of
any obligation to do so, would anyone have an opinion on that issue?
Cary
*Law Offices of Cary P. Sabol *
*P.O. Box 15981 | West Palm Beach | Florida | 33416 *
Office: (561) 413-4449 <%28561%29%20413-4449>
Cell: (561) 281-2744 <%28561%29%20281-2744>
Fax: (888) 316-2881 <%28888%29%20316-2881>
.
THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE
USED FOR THAT PURPOSE. THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
__________________________________________________________________________________________________________________
IRS Circular 230 Notice: Pursuant to recently enacted U.S. Treasury
Department Regulations, we are now required to advise you that, unless
otherwise expressly indicated, any federal tax advice expressed above was
neither written nor intended by the sender or this firm to be used and
cannot be used by any taxpayer for the purpose of avoiding penalties that
may be imposed under U.S. tax law. If any person uses or refers to any such
tax advice in promoting, marketing or recommending a partnership or other
entity, investment plan or arrangement to any taxpayer, then the advice
should be considered to have been written to support the promotion or
marketing by a person other than the sender or this firm of that
transaction or matter, and such taxpayer should seek advice based on the
taxpayer's particular circumstances from an independent tax advisor.
Confidentiality Notice: This electronic mail transmission is intended
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IRS and Fair Housing Act claims come to mind; what is the Statute of Limitations for those claims?
Sent from my iPhone
On Oct 26, 2016, at 12:07 PM, Alberto Cardet <alcardet@gmail.commailto:alcardet@gmail.com> wrote:
I am not aware of any particular obligation to retain records. I have suggested to my landlord clients that they retain records long enough for any statute of limitations related to the tenancy to expire. I believe would be a max of 5 years on a breach of contract claim.
Cardet Law, P.A.
1330 Coral Way #301
Miami FL 33145
305-403-7783
On Wed, Oct 26, 2016 at 11:28 AM, Cary P. Sabol, Esq. <csabol@sabollaw.commailto:csabol@sabollaw.com> wrote:
Hi All,
I recently had a landlord client ask me if there is any obligation to retain their tenancy records for any specific period of time. This client is not a management company, but a self-managed property owner, although they do own a significant number of rentals. I've never seen or heard of any obligation to do so, would anyone have an opinion on that issue?
Cary
Law Offices of Cary P. Sabol
P.O. Box 15981 | West Palm Beach | Florida | 33416
Office: (561) 413-4449tel:%28561%29%20413-4449
Cell: (561) 281-2744tel:%28561%29%20281-2744
Fax: (888) 316-2881tel:%28888%29%20316-2881
.
THIS IS AN ATTEMPT TO COLLECT A DEBT AND ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE. THIS IS A COMMUNICATION FROM A DEBT COLLECTOR.
IRS Circular 230 Notice: Pursuant to recently enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice expressed above was neither written nor intended by the sender or this firm to be used and cannot be used by any taxpayer for the purpose of avoiding penalties that may be imposed under U.S. tax law. If any person uses or refers to any such tax advice in promoting, marketing or recommending a partnership or other entity, investment plan or arrangement to any taxpayer, then the advice should be considered to have been written to support the promotion or marketing by a person other than the sender or this firm of that transaction or matter, and such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
Confidentiality Notice: This electronic mail transmission is intended for the use of the individual or entity to which it is addressed and may contain confidential information belonging to the sender which is protected by the attorney-client privilege. If you are not the intended recipient, you are hereby notified that any disclosure, copying, distribution, or the taking of any action in reliance on the contents of this information is strictly prohibited. If you have received this transmission in error, please notify the sender immediately by e-mail and delete the original message. Thank you for your cooperation.
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