Tax and finance · Reinvent NY glossary
The FBAR (Report of Foreign Bank and Financial Accounts, FinCEN Form 114) must be filed annually by US persons who have financial interest in or signature authority over foreign accounts with an aggregate value exceeding $10,000 at any time during the calendar year. Filing deadline is April 15 with automatic extension to October 15. FBAR is filed electronically through FinCEN's BSA E-Filing System — not with your tax return. Penalties for non-compliance are severe: $10,000 per account for non-willful violations, and up to $100,000 or 50% of account balance for willful violations.
The four states international buyers ask about most: New York up 5.2% on the year, California at a 4.22% yield, and what Texas and Florida really cost.
Indiana, Missouri and Ohio in 2026: state gains of 3-3.5% on the year with yields of 5.75-6.61%, and the secondary cities quietly outperforming the metros.
Baltimore in 2026: a $192,669 typical value, $1,799 rents and an 11.2% gross yield — the highest on the Northeast corridor, and what the price is telling you.
Ohio in 2026: a $251,502 state median up 3.5% on the year, with Cleveland at a 14.13% gross yield and Columbus at 6.96% — and what separates the two.
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