Race horse investments
But, it is first and foremost an investment. If treated like the business that it is, the IRS affords many of the same protections as investing in real estate or other business ventures. Below is a basic guideline to whether you can write-off your investment in horse racing partnerships like Little Red Feather Racing or West Point Thoroughbreds. Investment into a racing horse as part of a syndicate may fall within a collective investment scheme and therefore may be subject to FCA regulation. Therefore, consumers are advised to consult the The buy-in has always been more than I am willing to spend but as soon as I saw MRH I wanted in. I think MRH is exactly what many people are looking for and has an incredible amount of potential for bettering the horse racing industry as a whole. I could not be more excited.