Tax Manager – Real Estate

Role Overview

• Develop and implement comprehensive tax strategies for real estate transactions, including acquisitions, dispositions, entity structuring, and 1031 exchanges.
• Apply and advise on depreciation strategies (MACRS, bonus depreciation, Section 179,) and conduct or review cost segregation studies to maximize deductions.
• Prepare and review accounting method change filings (Form 3115) related to depreciation, cost segregation, and accrual-to-cash transitions.
• Analyze and advise on passive activity loss rules, material participation tests, and real estate professional status determinations.
• Evaluate capitalization vs. expense treatment of development and operating costs under IRC §263A, ensuring accurate classification of deductible and capitalizable expenses.
• Review and manage preparation of complex tax returns for partnerships, corporations, individuals, and trusts, ensuring accuracy, compliance, and efficiency.
• Oversee partnership tax compliance, including special allocations, capital accounts, basis tracking, Section 754 elections, and K-2/K-3 reporting.
• Advise on tax treatment of leasehold improvements, tenant allowances, and business interest expense limitations under Section 163(j).
• Identify and apply federal and state tax credits and incentives, including energy-related deductions such as Section 179D. Conduct tax research to support client positions and ensure compliance with current regulations.
• Lead and manage client engagements by implementing high-quality standards, identifying inefficiencies, and enhancing service delivery.
• Mentor junior staff through training, performance feedback, and career development initiatives.
• Build strong client relationships and collaborate with firm leadership on strategic projects and initiatives.

Requirements

• Bachelor's degree in accounting or related field is required
• Minimum of 5-8+ years of experience in public accounting preparing and reviewing tax returns
• Master's degree in accounting, tax, or related field is preferred
• CPA or EA license required
• Proficiency in tax preparation software and financial analysis tools
• Proficiency in Microsoft Office, Adobe, and accounting software (CCH products; ProSystems and FX Engagement)
• In-depth expertise in real estate taxation, including passive activity rules, real estate professional status, and developer/investor-specific tax rules.
• Strong knowledge of depreciation methods (MACRS, bonus depreciation, Section 179, QIP) and cost segregation applications.
• Familiarity with accounting method changes (Form 3115), capitalization vs. expense rules (IRC §263A), and leasehold improvement treatment.
• Proficiency in partnership taxation, including complex allocations, capital accounts, basis tracking, debt-financed distributions, Section 754 elections, and K-2/K-3 reporting.
• Knowledge of business interest expense limitations under Section 163(j) and energy-related incentives such as Section 179D.
• Ability to analyze complex tax issues and develop creative, compliant solutions.
• Strong research skills to interpret evolving tax laws and apply them to client-specific situations.
• Ability to mentor, train, and support the professional growth of junior staff.
• Skilled at building and maintaining strong client relationships, fostering trust and identifying opportunities for growth.
• Collaborative mindset with experience partnering with senior leaders on strategic tax initiatives.
• Excellent verbal and written communication skills to explain complex tax matters clearly to clients and staff.
• Strong organizational skills with the ability to manage multiple engagements, deadlines, and deliverables simultaneously.

Benefits

• Comprehensive Health Coverage – Medical, dental, and vision.
• Retirement & Financial Planning Support – 401(k) with match, financial wellness programs.
• Generous Paid Time Off – Vacation, sick time, holidays, parental leave and volunteer days.
• Flexible Work Arrangements – Hybrid or remote options, flexible hours.
• Performance-Based Bonus – Recognition for your contributions through discretionary bonuses.
• Professional Development Opportunities – Tuition reimbursement, certifications, mentorship.
• Career Growth & Internal Mobility – Clear paths for advancement and role transitions.
• Inclusive & Supportive Culture – DEI initiatives, employee resource groups, wellness programs.