Pain Points We Solve
Owning property abroad can be a smart investment — but for U.S. citizens, it also brings complex tax obligations. Many foreign property owners face:
- Uncertainty about IRS reporting requirements for foreign real estate
- Confusion over Form 8938, FBAR, and FATCA
- Unreported rental income or capital gains
- Fear of double taxation or IRS penalties
- No clear guidance on foreign mortgages, property sales, or depreciation
- Difficulty coordinating with foreign accountants or property managers
Our Solutions
At Expat Tax Compass, we help U.S. citizens with foreign property stay compliant and minimize tax exposure:
- Form 8938 (FATCA) Reporting
- We help you determine if your foreign property or related financial accounts must be reported.
- FBAR Filing (FinCEN 114)
- If your foreign property is tied to a foreign bank account, we guide you through FBAR compliance.
- Rental Income Reporting (Schedule E)
- We help you report foreign rental income, deduct eligible expenses, and calculate depreciation.
- Capital Gains on Foreign Property Sales
- We assist with basis tracking, foreign tax credits, and IRS reporting when you sell.
- Foreign Mortgage & Expense Deductions
- We clarify what’s deductible — including mortgage interest, property taxes, and repairs.
- Catch-Up Filing & Penalty Relief
- Missed a year? We help you file late and request relief when eligible.
Who We Help
We work with:
- U.S. citizens who own rental property abroad
- Americans who inherited foreign real estate
- Expats with vacation homes or investment properties
- Dual citizens with property in their country of origin
- U.S. taxpayers selling or gifting foreign real estate
Own Property Abroad? Let’s Get It Right. Let Expat Tax Compass be your guide.
Schedule a free consult or download our Foreign Property Tax Checklist to get started.