Best States to Own and Race Horses in the US So you want to own a racehorse—or at least a piece of one. Whether you’re dreaming of the Kentucky Derby or just want to be part of the game without bankrupting yourself, where you base your operation matters more than you might think. State tax […]
Nobody gets into horse racing for the paperwork—but if you’re serious about ownership, understanding the tax side will save you headaches (and money) down the stretch. Whether you’re buying your first claimer or running a full stable, here’s a practical rundown of what you need to know. Racehorse Ownership Tax Basics (U.S.) At the federal […]
So you’ve been watching the Kentucky Derby or the Breeders’ Cup and thought, I want a piece of that. You’re not alone. Race horse ownership has this glamorous sheen – winner’s circle photos, morning workouts at the track, the idea that your horse could be the next big thing. But what does it actually take […]
