Wormtown Merger Reveals Harsh Truth About Worcester’s Tax Structure
Monday, April 28
This summer, Jack’s Abby Brewing of Framingham acquired Wormtown Brewing of Worcester, marking another step in the ongoing consolidation of the microbrewing industry in Massachusetts. Wormtown has built a strong brand, with its beer recognized beyond the local region. However, this merger raises ...
The Rising Issue of Food Insecurity in Worcester
Monday, April 14
Food insecurity in Worcester has doubled from 17.7% to 38% since 2020. This sharp increase raises concerns about broader economic stability, particularly in relation to housing and rental affordability. What is Food Insecurity? Food insecurity means that individuals and families cannot consistent...
The Impact of Immigration Policies on Worcester's Rental Market
Monday, March 31
There has been significant discussion regarding former President Trump’s statements about deporting illegal immigrants, particularly those with criminal records. While the feasibility of such mass deportations remains uncertain, it is worth considering how such actions, if implemented, could impa...
New Perspectives on the 1031 Exchange
Tuesday, March 18
Most investors I have worked with share a common vision of the 1031 Exchange and its practical applications. The law allows an investor to defer paying capital gains taxes on the sale of an investment property if the proceeds are reinvested into a more expensive asset within specified timelines. ...
How Capital Gains Tax Law is Limiting Housing Inventory
Monday, March 03
There has been growing discussion about how capital gains tax laws are reducing the inventory of homes available for sale in high-appreciation areas. Specifically, homeowners who have lived in their properties for many years may find themselves financially disincentivized from selling due to the ...
Consequences of Mandating Sprinklers in Multi-Family Buildings
Monday, February 17
The Worcester Fire Department, with support from District 5 City Councilor Etel Haxhiaj, has been advocating for the installation of sprinklers in multifamily buildings undergoing major renovations. While fire safety is undoubtedly important, a mandatory sprinkler requirement may have the opposit...