10d • Financial Strategies
📁 Audit-Proofing Your Real Estate Portfolio for 2026
Real estate deductions are prime targets for IRS audits, so you must keep thorough documentation. Maintain a master file for each property with closing statements, receipts for capital improvements, and detailed logs of property management time, especially if you're aiming for Real Estate Pro status.
👉 Tip: Keep track of repairs and improvements separately, as repairs are immediately deductible, while improvements must be depreciated over time.
How do you organize your real estate receipts and documents? Are you more of a "filer" or a "pile-er"?
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📁 Audit-Proofing Your Real Estate Portfolio for 2026
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