Walter McGrail
JD CPA
Senior Manager
Walt McGrail is a Senior Manager with Cendrowski Corporate Advisors. Walt serves as one of the firm’s senior tax and legal technicians, and has provided consulting services to a variety of partnerships, corporations, estates, and high net worth individuals over his 25 year career.
Walt has consulted with numerous publicly-traded, private, and family-owned businesses to develop tax-efficient succession plans, ensure 409A compliance for deferred compensation plans, and maximize their after-tax earnings. He has assisted tax-exempt entities in mitigating unrelated business income tax, and provided tax consulting and due diligence services to both private equity and venture capital firms. Walt also assists the CCA team with forensic accounting activities.
Walt has years of experience in the real estate industry and has a comprehensive understanding of the issues faced by today’s real estate developers and managers. His engagements have included tax structuring for REITs, UPREITs, tax-exempt entities and other investors; net operating income (NOI) audits; and due diligence services. He has reviewed partnership and LLC operating agreements to assist counsel in making sure the agreements’ language concurs with the economic expectations of the entities’ members. Together with other members of the CCA team, Walt was instrumental in developing the UPREIT structure that is now common in the real estate industry. He also leverages his tax and real estate expertise to provide cost segregation studies for the nation’s largest developers as well as numerous types of properties.
Walt is a Certified Public Accountant (CPA) in Michigan and is a member of the State Bar of Michigan and the Michigan Association of Certified Public Accountants (MACPA). He has authored articles appearing in The Value Examiner and other publications. Additionally, Walt has lectured on the intricacies of partnerships and partnership taxation.
Walt received his bachelor’s degree from the University of Michigan, Dearborn and his law degree from the University of Detroit (now University of Detroit-Mercy).
