To address a lost used home property purchase invoice, first contact the seller or closing attorney to request a duplicate. If unavailable, file a notarized Affidavit of Loss with the county recorder’s office and the IRS. Submit the affidavit to the IRS for potential tax refund or audit purposes. Consult a tax professional to ensure compliance with IRS Form 1099-S requirements.

Handling a lost property invoice is critical due to IRS regulations and state real estate laws. The IRS mandates that buyers maintain proof of purchase for tax deductions or refunds, which can trigger audits if documentation is missing. According to the IRS, 15% of audits involve missing or incomplete tax records (IRS, 2022). Failing to provide an invoice may result in penalties, such as a 10% accuracy-related penalty under Internal Revenue Code Section 6664. State laws, like New York’s Real Property Law § 298, require buyers to prove valid purchase agreements for title transfers. A 2021 study by the National Association of Realtors found that 23% of real estate disputes stem from missing documentation, highlighting the need for proactive resolution. Submitting a notarized affidavit demonstrates due diligence, aligning with the American Bar Association’s recommendation for resolving title disputes efficiently. Legal and financial consequences escalate without timely action, emphasizing the importance of adhering to these steps.