1) I need to declare my foreign income and tried to get Foreign Tax Credit (Form 1116)? Yes you must report the income on a Sch E and use the 1116 for the tax credit.
2) Claim the Foreign Earned-Income Exclusion (FEIE) (the country, where I had that income, has a special agreement with the US) Rental income is not earned income so no exclusion is allowed.
3) As I understood I should not report any capital gain on my crypto transactions since I did not make any income buying USD - >USDC -> USD with the exchange rate of 1:1. Am I right? All crypto transactions must be reported even if the end result is a zero.
