Doesn't the story of Ananias and Sapphira in Acts 5 show that God frowns upon lying about real estate holdings?

Interesting question.

It has recently been revealed that the jehovah's witnesses leaders have holding companies for all of their assets, mainly property.

They've been caught moving money also, to avoid having to compensate their child sexual abuse victims.

People who follow the bible really don't care about what the bible says.

It's their religious leaders who they are completely loyal to and obedient to.

What is "frowned upon" is lying to the Holy Spirit.

A person can battle dishonesty and other sins with prayer and fasting, in addition to other penances.  It is good to fast and to meditate on passages from the Bible while reciting prayers to the Virgin Mary.

You boned the entire interpretation of the text.

The narrative is about 'pilfering' during charitable donations, which is a model originally established by Judas Iscariot, (John 12:6), the once 'close disciple' who exploited Christ's fame, power and wisdom for personal gain, then directly betrayed Him for money, afterwards going to a conspicuous self-destruction.

This is the social pattern called 'antichrist,' (1 John 2:18-23, 4:3, 2 John 1:7,etc...), which is defined as being inherently 'atheistic,' dishonest about its true intentions, exploitative of Christian resources, genius and contributions during its early development, then opportunistic and ultimately self-destructive.

The 'fake' Christians now claiming to be able to 'know President Trump's true heart' even while they encourage their own followers to riot during a lethal virus pandemic, burn police officers alive and end law enforcement itself for 'social justice' is an excellent modern example. 

Politically, they preside over lawless sprawling government ghetto systems paid for using oppression government taxation on the law-abiding, pimping, poisoning and persecuting women and children night and day, encouraging abortion, sodomy, violent death, drug abuse, illegal foreign infiltration and every other evil while celebrating all of it with help from 'Hollywood' in music and art; a movement which originally called itself a 'planned Christian community' until it had enough Christian support and resources to 'go-it-alone,' betraying Christ and now representing a living lexicon of international celebrity idol worship, violence, deviant sexuality and self-destructive wickedness.

13"For such men are false apostles, deceitful workers, disguising themselves as apostles of Christ. 14No wonder, for even Satan disguises himself as an angel of light. 15Therefore it is not surprising if his servants also disguise themselves as servants of righteousness, whose end will be according to their deeds." (2 Corinthians 11:13-15).

Slandering authority is NEVER permitted by scripture, (Romans 13:1, 1 Peter 2:17). These commands were written when 'the king' was a delusional self-professed incarnate deity who was himself the product of human incest. You are 'helping' evil by trying to project it onto a man who has been persecuted relentlessly by an evil government for nearly 40 years now, (20 years in a row 'audited' by the IRS alone,), without ANYTHING to show for it. So far, all of your attempts have failed. President Trump is still standing.

Maybe you should stop and consider why and also fully grasp the outcome for 'Judas' and everyone else throughout history who foolishly follows his now infamous social model of betrayal, greed and wickedness.

No, it shows that Peter frowned on it. God doesn’t kill people.

IT IS NOT ABOUT REAL ESTATE , IT IS ABOUT CLAIMING THEY GAVE ALL THE MONEY WHEN THEY ONLY GAVE A PORTION. TRYING TO LOOK GOOD THEY PAID THE PRICE LITERALLY.

It shows that God frowns upon lying to the Holy Spirit,  lying, cheating, greed and covetousness is sin. 

No God frowns on nothing as it only exists within the bronze age religious mindset at all

Their sin was lying to the Holy Spirit. 

Acts 5:3 

Then Peter said, "Ananias, how is it that Satan has so filled your heart that you have lied to the Holy Spirit and have kept for yourself some of the money you received for the land?

No - because there is no god.