BPM LLP · 1 day ago
Tax Manager - Flowthrough (Real Estate)
Santa Monica, CA
Full-time
Hybrid
Mid, Senior Level
$115K/yr - $160K/yr
5+ years expBPM LLP is a firm where caring and community are in their DNA. As a Tax Manager in the Flow-Through group, you will lead real-estate-focused partnership and S-corp engagements, mentor a high-performing team, and deliver proactive tax planning to help clients invest and build with confidence.
AccountingAdviceConsultingFinanceFinancial Services
Responsibilities
Lead and review federal and multi‑state compliance for flow‑through entities (Forms 1065, 1120‑S, K‑1s), with emphasis on real estate partnerships, joint ventures, funds, and REIT‑adjacent structures
Advise on complex partnership tax matters: Sections 704(b)/(c) capital accounts and allocations
754 elections, debt allocations (recourse/nonrecourse/qualified nonrecourse), special allocations and waterfall models
163(j)
465, basis and at‑risk, and book‑tax differences
Plan and model transactions for acquisitions/dispositions, including cost segregation coordination
1031 like‑kind exchanges, step‑up considerations, and entity structuring
Manage SALT exposure across California and other jurisdictions (apportionment, filing methodologies, local gross‑receipts taxes) and coordinate with internal SALT specialists when needed
Coach and develop staff and seniors: set clear expectations, review workpapers, deliver actionable feedback, and support CPA/MST development
Drive client service: own engagement economics, timelines, and quality; communicate proactively with client executives, controllers, and fund managers
Contribute to practice growth through scoping proposals, participating in business development calls, and strengthening relationships across Southern California
Leverage technology (CCH Axcess/ProSystem/GoSystem/OneSource, workflow tools, and data utilities) to improve accuracy and cycle time
Qualification
Required
CPA license required (or active progress toward licensure)
5–8+ years of recent public accounting experience in flow‑through taxation with significant real estate exposure (commercial/residential, development, funds, private equity real estate)
Demonstrated strength in partnership tax concepts (capital accounts, allocations, basis, debt, waterfalls)
Proficiency in researching complex issues and communicating concise guidance to clients and teams
Strong project management skills; comfortable leading multiple concurrent engagements in a hybrid environment
Preferred
MST/MBT preferred
REIT experience (income/asset testing, UPREIT structures) is a strong plus
Benefits
Total rewards with flexible work arrangements and compensation options that give you choice and flexibility.
Well‑being resources including an interactive wellness platform, EAP and mental‑health resources, and Colleague Resource Groups.
Balance & flexibility with Firm Holidays, Flex PTO, paid family leave, winter break, summer hours, and remote work options.
Professional development via CPA exam resources and bonuses, tuition reimbursement, coaching, and BPM University classes, workshops, and seminars.
Company
BPM LLP
Hi there, we're BPM! Welcome to a community built on connection, collaboration, and care.
1001-5000 employees
H1B Sponsorship
BPM LLP has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (4)
2024 (9)
2023 (13)
2022 (15)
2021 (15)
2020 (6)
Funding
Current Stage
Late StageLeadership Team
Sandra L. Curry
CFO Consultant
Russell Burbank, CTP
Partner, Consulting | Chief Operating Officer
Recent News
2025-07-24
2025-07-23
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