Form 8938, foreign real estate, us trust

[Fred J. Tydeman]

My wife and I (US citizens) have some foreign (non-US) real estate.
They are owned by our US revocable living trust
(with myself and wife as grantors, trustees, and benefinaries).
Must those real estate holdings be reported on IRS Form 8938?
---
Fred J. Tydeman Tydeman Consulting
tyd...@tybor.com Testing, numerics, programming
+1 (702) 608-6093 Vice-chair of PL22.11 (ANSI "C")
Sample C99+FPCE tests: http://www.tybor.com
Savers sleep well, investors eat well, spenders work forever.

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2011) - All rights reserved. >>
<< ------------------------------------------------------- >>

[Tempuser]

On 4/8/22 4:26 PM, Fred J. Tydeman wrote:
>
> My wife and I (US citizens) have some foreign (non-US) real estate.
> They are owned by our US revocable living trust
> (with myself and wife as grantors, trustees, and benefinaries).
> Must those real estate holdings be reported on IRS Form 8938?
> ---
> Fred J. Tydeman Tydeman Consulting
> tyd...@tybor.com Testing, numerics, programming
> +1 (702) 608-6093 Vice-chair of PL22.11 (ANSI "C")
> Sample C99+FPCE tests: http://www.tybor.com
> Savers sleep well, investors eat well, spenders work forever.
>

From the IRS Qs & As for Form 8938:

Does foreign real estate need to be reported on Form 8938?

Foreign real estate is not a specified foreign financial asset required
to be reported on Form 8938. For example, a personal residence or a
rental property does not have to be reported.

If the real estate is held through a foreign entity, such as a
corporation, partnership, trust or estate, then the interest in the
entity is a specified foreign financial asset that is reported on Form
8938, if the total value of all your specified foreign financial assets
is greater than the reporting threshold that applies to you. The value
of the real estate held by the entity is taken into account in
determining the value of the interest in the entity to be reported on
Form 8938, but the real estate itself is not separately reported on Form
8938.

--
Alan