Sensiba

Accounting, tax, and consulting for growth

Tax Manager - Real Estate

Tax AccountingUpdated on Nov 13

Full-timeRemote in USA$113.4k - $169.4k /yr

About the Job

Requirements

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

Responsibilities

Lead tax compliance, planning, and consulting engagements for clients in the real estate sector.
Advise clients on complex tax matters, ensure compliance with federal, state, and local tax regulations, and provide strategic guidance to optimize tax positions.
Develop and implement tax strategies for real estate transactions, including acquisitions, dispositions, entity structuring, and 1031 exchanges.
Apply and advise on depreciation strategies, including MACRS, bonus depreciation, and 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-versus-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 client relationships and collaborate with firm leadership on strategic projects and initiatives.

Desired Qualifications

A master's degree in accounting, tax, or a related field is preferred.

The Tax Manager – Real Estate is responsible for leading tax compliance, planning, and consulting engagements for clients in the real estate sector. This role requires deep technical expertise in real estate taxation, including acquisitions, dispositions, entity structuring, depreciation strategies, 1031 exchanges, cost segregation, and partnership taxation. The Tax Manager will advise clients on complex tax matters, ensure compliance with federal, state, and local tax regulations, and provide strategic guidance to optimize tax positions. In addition to client service, the Tax Manager will mentor staff, strengthen internal processes, and contribute to firm-wide initiatives.

*** While this role is open to candidates across the U.S., we have a strong preference for individuals located in the Pacific Northwest or broader West Coast region, given the client base and market alignment. ***

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.

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.

About the Company

Sensiba

Accounting, tax, and consulting for growth

Sensiba provides accounting, tax, and consulting services to businesses and individuals. It helps clients solve problems, navigate complexity, and build a foundation for sustainable growth through collaborative work that focuses on efficiency, risk mitigation, and readiness for opportunities. As a top-100 U.S. firm and a certified B Corp, Sensiba differentiates itself with a culture that aims to help people, families, and communities thrive. Its goal is to support clients in achieving growth and stability while upholding social and environmental responsibilities.

Company size: 201-500
Company stage: Not listed
Total funding: Not listed
Headquarters: San Jose, CA
Founded: 1977

Recently Posted Jobs

Explore more opportunities at Sensiba

See more jobs