Tax Partner - Real Estate Debt Funds at RSM in Chicago, Illinois

Role Overview

As a Tax Partner focusing on real estate within RSM's Washington National Tax practice, you will play a critical role in advising clients on complex real estate transactions, particularly concerning real estate investment trusts (REITs). This position requires a deep understanding of real estate tax law, structuring experience with REIT and non-REIT vehicles, and a proven ability to develop new business. You will collaborate with client service teams, providing expert guidance and ensuring exceptional client service. A significant part of your role involves mentoring and developing RSM's talent, shaping future leaders within the firm.

A Day in the Life

A typical day might involve:

• Meeting with clients to discuss their real estate investment strategies and tax planning needs.
• Analyzing complex real estate transactions and providing tax structuring advice.
• Researching current regulatory and legislative developments impacting the real estate industry.
• Collaborating with other RSM service lines (e.g., SALT, ITAX) to provide comprehensive solutions.
• Mentoring and coaching junior team members.
• Developing proposals for new business opportunities.
• Participating in industry events and networking to build relationships.
• Preparing and reviewing tax research memos and opinions.

Why Chicago?

Chicago is a major hub for real estate investment and development. Its diverse economy and central location make it an attractive market for both domestic and international investors. RSM's presence in Chicago provides you with the opportunity to work with a wide range of clients, from established real estate firms to emerging investment funds. The city also offers a vibrant cultural scene, excellent schools, and a high quality of life, making it an ideal place to live and work. Furthermore, being located in Chicago provides excellent networking opportunities within the real estate community.

Career Path

The Tax Partner role offers a clear path for career advancement within RSM. You can progress to more senior leadership positions within the tax practice, such as a Regional Tax Leader or National Tax Leader. You can also specialize further within the real estate sector, becoming a recognized expert in a particular area of real estate tax. RSM is committed to providing ongoing training and development opportunities to help you achieve your career goals.

Salary & Benefits

The estimated salary range for a Tax Partner - Real Estate Debt Funds in Chicago is $180,000 to $350,000 annually. This range is based on experience, expertise, and business development success. RSM also offers a comprehensive benefits package, including health insurance (medical, dental, vision), a generous paid time off policy, paid holidays, a 401(k) retirement plan with company match, life insurance, disability insurance, and various wellness programs. RSM also provides tuition reimbursement and professional development opportunities.

RSM Culture

RSM prides itself on its culture of collaboration, innovation, and inclusion. The firm fosters an environment where employees are empowered to take ownership of their careers and contribute to the success of the firm. RSM is committed to diversity and inclusion, and strives to create a workplace where everyone feels valued and respected. The firm also encourages employees to give back to the community through volunteer activities and charitable giving.

How to Apply

Interested candidates are encouraged to apply online through the RSM careers website. Please submit your resume and cover letter, highlighting your relevant experience and qualifications. Be sure to emphasize your experience in real estate tax, REITs, and business development. The RSM talent acquisition team will review your application and contact you if your qualifications align with the requirements of the position.

FAQ

1. What are the key responsibilities of a Tax Partner?

   The Tax Partner is responsible for managing client relationships, providing tax planning and structuring advice, developing new business, mentoring junior team members, and staying current on regulatory and legislative developments.

2. What qualifications are required for this role?

   A Bachelor's degree in Accounting, CPA or JD, 12+ years of tax experience, deep real estate and REIT experience, and a proven track record of developing new business are required.

3. What is the career path for this position?

   The Tax Partner role offers a clear path for career advancement within RSM, including opportunities to progress to more senior leadership positions or specialize further within the real estate sector.

4. What is the salary range for this position?

   The estimated salary range for a Tax Partner - Real Estate Debt Funds in Chicago is $180,000 to $350,000 annually, depending on experience, expertise, and business development success.

5. What benefits does RSM offer?

   RSM offers a comprehensive benefits package, including health insurance, paid time off, a 401(k) retirement plan, life insurance, disability insurance, and various wellness programs.

6. What is the RSM culture like?

   RSM prides itself on its culture of collaboration, innovation, and inclusion. The firm fosters an environment where employees are empowered to take ownership of their careers and contribute to the success of the firm.

7. How does RSM support professional development?

   RSM provides ongoing training and development opportunities to help employees achieve their career goals, including tuition reimbursement and professional development programs.

8. What is the work-life balance like at RSM?

   RSM is committed to providing a supportive work environment and offers flexible work arrangements where possible, depending on the role and team.

9. Does RSM offer opportunities for community involvement?

   Yes, RSM encourages employees to give back to the community through volunteer activities and charitable giving through the RSM Cares Volunteer Program.

10. What is the interview process like for this position?

    The interview process typically involves several rounds of interviews with members of the tax team and leadership. You can expect to discuss your experience, qualifications, and career goals, as well as participate in case studies or technical assessments.