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Does the FBAR or the FATCA require me to report my foreign real estate holdings?
Does the FBAR or the FATCA require me to report my foreign real estate holdings?
Kirsten Simmons avatar
Written by Kirsten Simmons
Updated over a week ago

Neither the FBAR nor the FATCA requires you to report any foreign real estate you own, but you ARE required to report any income derived from foreign real estate.

You must also report any foreign real estate owned through a structured entity account such as a foreign foundation or trust. If you bought real estate using foreign financial assets unreported at the time of your purchase, the value of your real estate holdings might be used to calculate your penalties.

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