MarthaT
Employee Tax Expert

Get your taxes done using TurboTax

Hello,

 

You do not need to report on your purchase of real estate property, if it is your personal residence or a rental property.

 

If you rent the property or sale the property, then you have to report it in your taxes.

 

You can find form information at https://www.irs.gov/businesses/corporations/basic-questions-and-answers-on-form-8938

 

Thanks

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