Do US Citizens Have to Report Foreign Real Estate?

 

https://www.forbes.com/sites/forbesfinancecouncil/2021/10/08/purchasing-foreign-property-as-a-us-expat-what-you-need-to-know/?sh=131eb7a31253?

https://www.ustaxhelp.com/us-citizens-report-foreign-real-estate/#:~:text=When%20United%20States%20citizens%20sell,these%20profits%20in%20other%20countries.

The good news about purchasing and owning a home abroad is it’s not a reportable transaction for the IRS. Therefore, no income is made, and the purchase itself does not need to be shared on a U.S. tax return.