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THE MALDEN ADVOCATE–Friday, July 17, 2026 Page 11 SPORTS | FROM PAGE 9 state baseball history. Saying it was “nasty,” a common baseball adjective, does not even scratch the surface. Consider this: That April 25 game was only Revere’s seventh of the season. Spinelli had already picked 13 runners off first to start the season! Remarkably, “Spinna” only picked off one, lone Malden baserunner all game that day, and even that move sparked a lengthy “did he balk, or did he not?” powwow by the umpires after a challenge from the Malden bench. “No balk, he’s out” was the final decision. Overall, Malden had a decent day at the plate, managing sevIRREVOCABLE TRUSTS AND RENTAL REAL ESTATE just as if the rental real estate were held directly in your name. A typical Medicaid irrevocable R ental real estate is one type of asset that can be transferred to an irrevocable Trust without any adverse tax consequences. The real estate can also be sold by the Trust and the net sales proceeds therefrom can be used to purchase another piece of rental real estate at any time during or after the socalled “five-year look-back” period. Whenever you do transfer rental real estate to such a Trust, there is a five-year period that must elapse before this otherwise disqualifying transfer will no longer be considered a disqualifying transfer. In other words, once the five-year period has gone by, the assets held inside the Trust will not be countable for MassHealth eligibility purposes. There would also be no adverse income tax consequences associated with the sale of the rental property while held in the irrevocable Trust. In effect, the same capital gains taxes, if any capital gain to begin with, would be paid Trust is designed as an “income only” Trust, meaning the Trustee is obligated to pay out the income (if any) earned by the Trust to the Settlor (often referred to as the Grantor or Donor) of the Trust. “Net” rental income is “income”. Therefore, you would take all of your gross rents collected for the year and deduct all of the expenses attributable to the rental property in order to arrive at “net” rental income. The Settlor is the individual who creates the Trust and who is retaining the right to receive the income for the rest of his or her life. There cannot be any right to receive any “principal” from the Trust under any circumstances. If there is, the Trust will not qualify, and the assets held inside the Trust will be countable for purposes of MassHealth eligibility. To be technically correct, each tenant would write out a check made payable to the Trust. You would apply for a federal ID number in the name of the Trust and once obtained, open up a checking account in the name of the Trust. You may also wish to file a separate Trust income tax return to report the rent income and rent expenses for each calendar year. The federal form is Form 1041 and the Mass form is Form 2G. These types of Trusts are drafted in such a way as to be treated as “Grantor-type” Trusts for federal and state income tax purposes as the Settlor is considered to be the “owner” for federal income tax purposes. Therefore, the Trust will not pay any federal or Mass income taxes if there is any net rental income (i.e. a profit). Rather, the Trust will issue a Grantor Letter to the Settlor that would be utilized by him or her in preparing an individual income tax return. The Grantor Letter is what allows you to figure out how much income to report on your individual income tax return. These Medicaid irrevocable Trusts are therefore designed to be income tax neutral, resulting in no increase or decrease in income tax liability to the Settlor. If the rental real estate is sold by the Trust, the net sales proceeds therefrom must be retained in Trust and the Settlor would then be entitled to the investment income generated therefrom, whether it be from interest income, dividend income or capital gain income. In the alternative, if replacement real estate is purchased, title must be held in the same Trust and not be purchased by the Settlor in his or her own name. Otherwise, that would start the five year look back period all over again. Joseph D. Cataldo is an estate planning/elder law attorney, Certified Public Accountant, Certified Financial Planner, AICPA Personal Financial Specialist and holds a master’s degree in taxation. REAL ESTATE TRANSACTIONS BUYER1 Boukhmis, Hasnae Maini, Anmol Soccorso, Alfred E Villar, Pablo Pimentel BUYER2 Amhal, Mustapha Sousa, Darlene M SELLER1 Huang, Rui Hui Ahern, Rachel Scaggs, Chapin Tnd Cross Street LLC en hits on the day and drawing several walks off Spinelli to take a 2-1 lead after four innings. McGlinchy, meanwhile, was setting them and knocking them down, punching out seven Revere batters for strikeouts over the first four innings. McGlinchy surrendered just three hits, one of them a run-scoring double by senior Revere catcher David Lightbody to score Mike Popp in the bottom of the fourth inning to cut the lead to one run. This was probably no surprise since Lightbody, in four years of varsity baseball against Malden maybe made just one or two outs and hit close to .900 when facing the Blue and Gold at the plate. Spinelli pitched into the sixth inning — striking out nine — before giving way to a reliever, and McGlinchy finished seven innings complete, piling up 11 strikeouts and walking just three batters. One of those walks ended up scoring and tying the game in the bottom of the seventh inning for Revere at 3-3 on a high chopper over the pitcher’s mound, an RBI infield single by Revere’s Dennis Diaz. The “history in the making” game had ended in a fitting tie after seven regulation innings with both of the “big gun” pitchers now departed from the mound. Extra innings, “free baseball,” followed. The excitement was far from over and a winner still to be decided. Malden got runners on second and third, one out in the top of eighth inning, but could not get the run in, a popup and strikeout ending the threat. Malden’s own senior lefthander Joe Souza, who finished the season with a remarkable 9-5 overall pitching record, came on for Malden and got two quick outs, bringing one of Revere’s top hitters back to the plate in Popp and the score still tied at 3-3. Revere’s Popp launches game-winning homer SPORTS | SEE PAGE 13 ~ REVISED LEGAL NOTICE ~ CITY OF MALDEN REQUEST FOR QUALIFICATIONS The City of Malden, acting through the Engineering Department and the Office of Strategic Planning and Community Development (OSPCD), is requesting statements of qualifications from qualified individuals and firms for project development, design, and engineering consulting services for the improvement and redesign of Route 60 between Franklin Street and Lynn Street. These programs are funded by a Project Design Pilot grant award by the Boston Metropolitan Planning Organization (MPO). Full RFQ, application documents, and posted answers to prospective questions are available on the City’s website www.cityofmalden.org/route60. Statements of qualifications will be received by the City on or before 11:00AM, July 30, 2026, at the Controller’s Office, Malden City Hall 2nd floor, 215 Pleasant Street, Malden, MA 02148. Statements of qualifications delivered after the appointed time and date will not be considered. July 17, 2026 Copyrighted material previously published in Banker & Tradesman/The Commercial Record, a weekly trade newspaper. It is reprinted with permission from the publisher, The Warren Group. For a searchable database of real estate transactions and property information visit: www.thewarrengroup.com. SELLER2 Wen, Yuanzhu Pelletier, Roxanne ADDRESS 14 Vining St 24 Wigglesworth St 50-52 Pamela Cir 272-274 Cross St #4 CITY Malden Malden Malden Malden DATE 06.22.26 06.22.26 06.23.26 06.24.26 PRICE 625000 655000 1430000 352749

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