Currency risk and international taxes

[mtbc]

I had mentioned needing IRS Form 8949 for a short-term capital gain on a real estate sale. It relates to a property in England but of course the IRS require conversion to dollars. Fortunately, the pound fell against the dollar so much over the relevant period that the 1.85% profit in GBP that I made on the asset turns into a 5.89% loss in USD.