Real Estate Tax Attorney - Director (Transactions only) Job at Atlas Search, New York, NY

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  • Atlas Search
  • New York, NY

Job Description

A Major Real Estate/REIT firm in NYC is looking to add a Director of Tax Advisory that has a strong Transactions background from a Top Law Firm.

POSITION RESPONSIBILITIES:

The role of Director is involved in the planning, research, and execution of numerous real estate transactions. The successful candidate will possess significant transactional experience and a strong knowledge of real estate partnership taxation, REIT taxation, and FIRPTA.

Key responsibilities include:

  • Identify and resolve various tax issues related to the acquisition, ownership or disposition of a real estate investment.
  • Coordinate entity due diligence and third-party REIT due diligence reports, where necessary, on property or portfolio acquisitions.
  • With respect to each acquisition, review any purchase and sale agreements and all other related transaction documents.
  • Review partnership agreements with specific attention to tax allocation provisions and other related tax provisions.
  • Quantify and communicate the tax risks associated with business transactions to senior management in order to facilitate their decision-making process.
  • Identify and analyze tax deferral strategies where appropriate and determine their feasibility to implement.
  • Work with advisors to structure various U.S. and international real estate funds and joint ventures to facilitate the inflow of capital by diverse groups of U.S. and non-U.S. investors
  • Coordinate and review tax advice and/or opinions from external accounting and law firms, including negotiating firm representations.
  • Strong knowledge of FIRPTA and U.S. foreign withholding tax provisions.
  • Coordinate REIT quarterly and annual testing.
  • Liaise with internal teams and external advisors to assure the proper tax accounting treatment of business transactions.
  • Review newly enacted tax legislation applicable to the real estate industry, particularly in the areas of partnerships, REITs, inbound and outbound investments.

Requirements -

  • 4-8 years Tax Attorney with Real Estate/REIT experience.
  • Someone who specializes in structuring & planning for complex REITs
  • JD, LLM

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