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Get your taxes done using TurboTax
(a) Are you saying that your tax home is foreign or USA ?
(b) Which country is the rental property located in ?
(c) Is this your first year reporting rental income or what ?
Generally, the reporting of rental income from foreign property is pretty much the same as for domestic property -- reported on Schedule-E. The only major wrinkle is the depreciation of a foreign residential is now 30 years ( used to be 40 yrs, same as domestic commercial prop.).
Please answer my questions so the answer can be more specific to your situation --yes ?
‎April 1, 2025
2:00 PM