I have a client who is a U.S. resident and German citizen who operates a rental property in Germany. This is reported on Schedule E. It's my understanding that Article 6 of the Germany-U.S. tax treaty enables Germany to tax rental income from real property located in Germany. So where do I offset the profit on the tax return to avoid double taxation? I read somewhere this would be reported as negative income under the section of the return dedicated to MISC income and fill in/attach Form 8833 to the return. Is this right?

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