Real Estate Tax Accountant (Fixed Term)

Booth and Partners Pte Ltd • New York, NY

3d

About The Position

A Real Estate Tax Accountant specializing in reviewing tax returns and preparing Schedule K-1s is responsible for managing entity-level tax compliance, passive activity limitations, and property depreciation for real estate portfolios.

Requirements

• 3+ years of experience in public accounting, with a focus on partnership taxation and real estate entities.
• Proficiency in professional tax preparation software and Microsoft Office.

Nice To Haves

• Certified Public Accountant (CPA) license or Enrolled Agent (EA) status preferred.

Responsibilities

• Prepare Form 1065 or Form 1120-S partnership/S-corporation tax returns and accurately allocate income, deductions, and credits to generate Schedule K-1s for investors.
• Review complex real estate tax returns, including Form 8825 (Rental Real Estate Income) and Form 4797 (Sale of Business Property).
• Oversee depreciation schedules, asset additions, and cost segregation study results in accordance with MACRS rules.
• Apply passive activity loss (PAL) rules, real estate professional status (REPS) tests, and at-risk limitations.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed