How do I report rental income from my Indian property on my US tax return?

You report it on Schedule E, the same form used for US rentals, converting rupee rent and expenses to US dollars. You can deduct the usual rental expenses — property taxes, insurance, repairs, management fees, mortgage interest — and you must depreciate the building, but foreign residential property uses a 30-year (rather than 27.5-year) straight-line schedule. India taxes that rental income too and typically applies TDS, so you generally claim a foreign tax credit on Form 1116 to avoid double taxation. Don't forget the disclosure layer: the rental property itself isn't an FBAR item, but the Indian bank account collecting the rent is, and large foreign assets may trigger Form 8938. Keep a clean dollar-denominated ledger of rent and expenses each year — reconstructing it later from rupee records is painful.