Foreign assets in FAFSA application

natipacino
Wed, 12 Jan 2022 23:30:45 +0000

This got me thinking:
Student’s Net Worth of Current Investments (question 41)

My husband has an apartment in his hometown outside the US. We live in a rented apartment and have no property in the US. Does FAFSA consider my husband’s apartment an investment property?

The comment on the FAFSA application suggests that investment is:

real estate (don’t include the home in which you live);

Well, because we don’t live in the apartment (his brother lives there temporarily with no rent) I probably should report it as an investment. But I want to be completely sure. I’ve contacted FA with this question, but haven’t received any response.
Also, am I supposed to indicate an estimated price of the apartment?