David Erard, a tax partner at HCVT, has over 18 years of experience providing tax consulting, compliance and structuring service to clients in the private equity and real estate industries. Erard advises his clients on fund formations, exit, and asset acquisition and divestiture during the investment cycle. He regularly consults with clients to assist with business and tax provisions of partnership/operating agreements. Erard began his career at KPMG and served in its national tax office, KPMG Washington National Tax (WNT). At WNT, he was a member of the pass-through entity group focusing on the income tax issues related to partnerships and real estate.