As a U.S. Citizen, all of your worldwide income from all sources is reportable on your U.S. Tax Return. That does not mean it's taxable. But it is definitely reportable. Period. End of story.
The fact the property is not in the U.S. is irrelevant. However, when entering the property in the TurboTax program make *ABSOLUTELY * *CERTAIN* that you indicate it is foreign rental property physically located outside of the U.S.
If the property was placed in service after Dec 31, 2017 then foreign rental property is depreciated over 30 years. If the property was placed in service in 2017 or before, then it's depreciated over 40 years.
When working through the SCH E expenses section, you have one area for real estate taxes, and another area of other taxes. You will enter *ALL* taxes paid to *ANY* taxing authority anywhere on planet earth.
For any foreign taxes *of* *any* *type* paid to *any* *foreign* taxing authority, it *WILL* be included on the SCH E. But your "foreign tax credit" for those taxes paid to foreign taxing authorities will *NOT* be dealt with on SCH E.
You will deal with those foreign taxes paid ***OUTSIDE*** of the SCH E under the Deductions and Credits tab (when you get to that point in the program). Under that tab is a section for Estimates and Other Taxes Paid. A sub-section of that is specifically and explicitly for foreign taxes paid. That is where you will enter and claim your credit for those foreign taxes paid to *ANY* foreign taxing authority.
