A quarterly magazine from the National Association of Enrolled Agents
Fall 2024 vol.42 no.3
Tax Reporting for Foreign Real Property Rentals
Feature Article

Tax Reporting for Foreign Real Property Rentals

This article addresses the reporting of foreign real property rental activities conducted directly by individuals who are United States citizens or subject to United States taxation as resident aliens. The discussion focuses on foreign currency... Patrick D. Dimmitt, EA

July/Aug 2021, Feature Article, owner functional currency net value, OFCNV, FinCEN, §988, international, modified accelerated cost recovery system, Form 114, MACRS, Form 8858, foreign currency, Form 8938, qualified business unit, QBU, §987, property rental