itonewbie
Level 15

Direct holding of foreign real property is not SFFA for FATCA purposes and it's not reportable for FBAR purposes either because it's neither a foreign bank nor financial account.

If it's a rental property, the income must still be reported on their US tax returns.

If they inherited the property from an NRA or foreign estate, a F.3520 must also be filed to report the bequest.

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