US Tax Manager 1065

Position Summary

US Tax Manager – 1065 (Rental Real Estate)

Key Responsibilities

• Manage and review

  US federal and state partnership tax returns (Form 1065)

  for rental real estate entities.
• Review and reconcile

  rental income, expenses, and depreciation schedules

  in accordance with IRS rules and partnership agreements.
• Ensure accuracy of

  K-1 allocations

  , including capital accounts, partner basis, and at-risk limitations.
• Review

  book-to-tax differences

  ,

  M-1/M-3 adjustments

  , and fixed asset reconciliations.
• Handle

  Section 704(b)

  allocations,

  Section 754 step-up

  calculations, and

  sale/disposition

  of partnership interests or properties.
• Analyze complex partnership and tiered entity structures within real estate investment portfolios.
• Support client engagements involving

  like-kind exchanges (1031)

  ,

  cost segregation studies

  , and

  real estate investment trusts (REITs)

  .
• Manage engagement timelines, review deliverables, and ensure compliance with filing deadlines.
• Mentor and develop associates and senior associates through technical training and performance coaching.
• Collaborate with internal teams and client contacts to address tax planning opportunities and operational efficiencies.

Required Qualifications

• Bachelor’s degree

  in Accounting, Finance, or related discipline;

• 5+ years

  of US Partnership Tax (Form 1065) experience, with a focus on

  rental real estate clients.

• Strong technical knowledge of

  partnership taxation

  ,

  depreciation rules

  , and

  real estate-specific tax provisions.

• Proven experience managing teams and reviewing complex tax compliance workpapers and returns.
• Proficiency in

  GoSystem, OneSource, or CCH Axcess Tax

  software.
• Advanced Excel skills and familiarity with large data sets and property-level reporting.
• Excellent analytical, organizational, and communication skills.

Preferred Skills

• Experience with

  multi-tier partnership structures

  and

  waterfall allocations

  .
• Familiarity with

  real estate tax planning

  (1031 exchanges, 704(c) allocations, cost segregation).
• Working knowledge of

  ASC 740

  (tax provisions) and partnership reporting requirements.
• Ability to work effectively in a

  fast-paced, deadline-driven environment.