"Is It a Financial Account in a Foreign Country?
Financial Accounts:
A reportable financial account includes the following:
* Bank accounts (such as savings accounts, checking accounts, and time deposits);
* Securities accounts (such as brokerage accounts and securities derivatives or other
financial instruments accounts);
* Commodity futures or options accounts;
* Insurance or annuity policies with a cash value (such as a whole life insurance policy);
* Mutual funds or similar pooled funds (such as a fund that is available to the general public
with a regular net asset value determination and regular redemptions); or
* Any other accounts maintained in a foreign financial institution or other person engaged in
the business of banking.
The following are not considered financial accounts:
* Stocks, bonds, or similar financial instruments held directly by the person;
* Real estate or an account holding solely real estate (such as Mexican "fideicomiso");
* Precious metals, precious stones, or jewels held directly by the person; or
* A safety deposit box.
− A reportable account may exist where the financial institution providing the safety deposit
box has access to the contents and can dispose of the contents upon instruction from, or
prearrangement with, the person.
CAUTION: The FBAR regulations do not require the reporting of foreign hedge funds
and private equity funds."
* Page 8 of PDF from the link above should resolve your second question.
* Assuming your rental is not in a foreign financial account, you will not report your rental property on FBAR form.
* If your stocks are held in an broker account then you will report Max value in the account for the tax year.
* Please remember this would be "...aggregate amount(s) in the foreign account(s) exceeded $10,000..."
Link. https://www.irs.gov/pub/foia/fincen-form114-fbar.pdf.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
