Fingers crossed for us both! Mine was an A3. I don't normally buy them but with so much cash sitting idle....
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Finally managed to drain funds available, it's been a very long time and I have withdrawn $10,000 from my initial $100,000 investment.
Attachment 10492
This position represents close to 2 full years of $100,000 invested. With a $10,000 withdrawal, the total 'current' value is a touch over $130,000, so a gain of $15,000 (15%) per year. (Note: this is at 10.5% tax rate).
Very happy with that investment return, not so happy with recent loan availability, but perhaps that is improving?
In this case, keeping it very simple - no other income = minimal tax rate.
How does this work? Loan is funded to 116% - presumably overloaded by the institutions. Somebody is going to miss out - hopefully not me.
Attachment 10496