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High-quality, limited-edition prints from renowned artists can appreciate in value, but they generally offer lower ROI and liquidity compared to original paintings. Collecting art often feels like a rich person’s game. You hear stories about a Basquiat selling for millions or a Banksy shredding itself into a higher price bracket. For most people, buying original […]

Yes, the Department of Education is forgiving $6.1 billion in Art Institute loans for students enrolled between January 1, 2004, and October 16, 2017. Thousands of former students finally have an answer. On May 1, 2024, the Biden-Harris Administration announced a massive group discharge for borrowers who attended The Art Institutes. This action cancels debt

Yes, generally ARPA funds received by businesses for revenue loss or premium pay are taxable gross income, whereas funds for individuals like stimulus checks or Child Tax Credits are not taxable. The American Rescue Plan Act (ARPA) injected billions into the economy through various channels. Recipients ranged from state governments to small family restaurants. Because

Most ARPA funds had to be obligated by December 31, 2024, but recipients can spend these allocated amounts until December 31, 2026. Local governments and state agencies continue to manage the massive influx of capital from the American Rescue Plan Act (ARPA). With the obligation deadline now in the rearview mirror, confusion often arises regarding

Yes, ARPA funds are strictly classified as federal financial assistance originating from the U.S. Treasury, even when distributed through state agencies. Local governments, nonprofits, and businesses often receive checks that seem to come from their state capital. This creates confusion regarding audit requirements and financial reporting. You might see a state agency logo on the

Yes, Army Reservists are eligible for VA loans after six years of creditable service or serving at least 90 consecutive days on active duty orders. Buying a home is a major financial step. For members of the Army Reserve, the path to homeownership often leads to the VA loan program. This benefit offers zero down

Yes, ARM mortgages are a smart choice if you plan to sell or refinance before the initial fixed-rate period ends, saving money on monthly interest. Homebuyers frequently stare at loan estimates and wonder if the lower rate on an adjustable-rate mortgage (ARM) is worth the risk. Fixed-rate loans offer certainty, but that security comes with

Yes, adjustable-rate mortgages (ARMs) are widely available through most lenders, offering lower initial interest rates than fixed loans for a set period. Homebuyers often ask if adjustable-rate mortgages (ARMs) went away after the housing crash of 2008. They certainly did not. While regulations tightened to remove the “toxic” features of the past, the standard ARM

Yes, ARM loans are safe if you understand the rate caps and can afford potential payment increases, though they carry more risk than fixed-rate mortgages if market rates rise significantly. Homebuyers often look at the monthly payment difference between a 30-year fixed mortgage and an adjustable-rate mortgage (ARM) and feel tempted. The initial rate on

No, most ARM loans require principal and interest payments, but specific “Interest-Only ARMs” allow paying just interest for a set initial period. Many borrowers hear “Adjustable-Rate Mortgage” (ARM) and assume the payment structure is entirely different from a standard loan. You might worry that you aren’t paying down any debt during the initial years. This