Does IRS really go back 25 years

[Diane G.]

I understand that we are supposed to keep all tax records for as long as we hold a rental property, technically.....

What if I have a property for 10+ years and still holding it?  Should I really keep all these years of tax records? Does IRS really check all the expenses over all these years?

Thank you...

[Natalie Kolodij]

IRS typically won't go back over 6-7 years. 

But I would keep records related to a property especially on renovations and items like that. 

If it's  a worst case they can go back further though. 

@Steven Hamilton II does a ton of Audit representation work. What would you recommend/ have you seen in actual audits?