Yes, to all your questions. However, it's important to complete any foreign tax return first, and pay any and all foreign taxes first. That's because those are deductible expenses on your U.S. tax return. Also, pay attention to the screen that asks for the property address of the rental property, and make sure you select the "foreign address" radio box. That's because foreign rental property is depreciated over 39 years, whereas U.S. rental property is depreciated over 27.5 years. So this particular selection matters for you, big time.
