Hi, I'm hoping someone can help me with this issue. I sold my co-op apartment last year and moved out of state, but I still have a bankers box full of papers relating to this old apartment. Mortgage statements, maintenance payment records, building financial reports, shareholder meeting minutes, etc. What can I safely toss/shred?
Thanks!
I'm dealing with this same issue. We've moved and/or refinanced our home 4 times in the last 20 years, and the related papers are massive and always in the way, since they're too long to put in a file cabinet. I'd love to toss everything not related to our current mortgage, but they all look SO important.
Scan it, then toss it. If you scan your documents into PDFs, name it properly, you can store it on a hard drive and print it out whenever your hear desires. These days unless something is a legal document that has been hand signed or is an original receipt, there are few household docs where a print out won't suffice.
If you don't have a document scanner, there are online faxing services where you can use a fax to 'fax' the documents to yourself and they will show up as PDFs in your email.
I'm in the process of scanning all my docs and getting rid of paper. I asked my accountant about my tax documents (I have them all the way back to my first part time job in 1995.) I would imagine mortgate stuff is the same. He said keep the original hard copies for 5 years, then scan and pitch the rest. That's what I'm planning to do with my mortgage papers as well, once I reach that point (only own the house for 4.5 years so far.)
You must log in to post. If you do not already have an account, you can register here.
