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avtomaton
New Member

How do I report foreign real estate rental income?

How do I report foreign real estate rental income? I found one response from 2019 (Rental income and indicate that it is a foreign property), but it seems that 'foreign property' checkbox is not in the interface anymore.

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Accepted Solutions
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I report foreign real estate rental income?

You report the rental property income and expenses on Schedule E, just like reporting for a US property.

If the income or expense is paid in foreign currency you have to convert it to US dollars.

 

See this for rental income and expenses - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-income-ex...

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1 Reply
DoninGA
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How do I report foreign real estate rental income?

You report the rental property income and expenses on Schedule E, just like reporting for a US property.

If the income or expense is paid in foreign currency you have to convert it to US dollars.

 

See this for rental income and expenses - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-income-ex...

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