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. Key Responsibilities K-1 Preparation: 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. Return Review: Review complex real estate tax returns, including Form 8825 (Rental Real Estate Income) and Form 4797 (Sale of Business Property) . Depreciation Management: Oversee depreciation schedules, asset additions, and cost segregation study results in accordance with MACRS rules . Tax Compliance: Apply passive activity loss (PAL) rules , real estate professional status (REPS) tests , and at-risk limitations . Requirements Experience: 3+ years of experience in public accounting, with a focus on partnership taxation and real estate entities. Software: Proficiency in professional tax preparation software and Microsoft Office. Credentials: Certified Public Accountant (CPA) license or Enrolled Agent (EA) status preferred.
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At Booth, we believe the best way to grow is the right way. As a certified B Corp, we help companies scale with the world’s best people — and keep them — without sacrificing ethics, culture, or quality. With teams in the Philippines, Colombia, and another 100+ countries, we deliver global reach, low attrition, and people-first outsourcing that aligns with your values. It’s how we deliver Growth Without Compromise.
