The residential rental property is reported on Schedule E. The loss will be subject to the at-risk rules and passive activity limits as outlined on page 19 of IRS Publication 527.
@DavidD66 here explains that foreign rental property is either 30 or 40 year property, depending upon when the property is placed in service. Assets placed in service after 2018 are depreciated over a 30 year period.
You will identify the property as foreign when the rental activity is established.
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