Form 8939

[shrigrover]

I am the owner of a house in Canada, do I need to report that on form 8939?

[DawnC]

Not until you sell it.   As a US citizen, you are taxed on world-wide income, but you don't have any income from the property (unless you rent it or use it in business), until you sell the property.   Once you sell, it goes on Form 8949.