Here are the answers--回複：幫人問些稅務上的問題：

1) Not an option. You must file FBAR. Otherwise, criminal plus civil charges are possible. See link below for the new voluntary disclosure program.

http://www.accountingtoday.com/news/IRS-Opens-New-Voluntary-Disclosure-Program-57222-1.html?ET=webcpa:e1282:169407a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=WebCPA_Daily_020811

http://www.irs.gov/newsroom/article/0,,id=234900,00.html?portlet=7

http://www.irs.gov/businesses/international/article/0,,id=235699,00.html?portlet=7

My advice is to consult your CPA or find a lawyer if you are late in filing prior years' FBAR. Due date is 6/30.

2) You report income and expenses separately on Sch. E. Two properties' total income and expenses will be lumped together to report one income/loss on Sch. E. Therefore, you do not need to worry about how to combine them together.