DJofSD
11-02-2009, 11:11 AM
The price tag on racehorses -- starting at a few thousand and rising steeply from there -- is only a beginning. These finely tuned animals need to be housed, fed, trained and, much like children, kept in new shoes.
It is a perfectly sunny afternoon at Santa Anita Park, and Peter Lurie is watching the races, scribbling notes between quick bites of lunch, telling the story of how he came to own his first thoroughbred.
After a lucrative year as a voice-over actor, Lurie needed a tax write-off.
"Two things you've got to do," his accountant told him. "You've got to buy a house, and you've got to get a hobby that loses money."
To which Lurie replied: "What about owning a racehorse?"
"Yeah," the accountant said. "That'll work."
More at this link. (http://www.latimes.com/sports/la-sp-owners2-2009nov02,0,5879713.story)
It is a perfectly sunny afternoon at Santa Anita Park, and Peter Lurie is watching the races, scribbling notes between quick bites of lunch, telling the story of how he came to own his first thoroughbred.
After a lucrative year as a voice-over actor, Lurie needed a tax write-off.
"Two things you've got to do," his accountant told him. "You've got to buy a house, and you've got to get a hobby that loses money."
To which Lurie replied: "What about owning a racehorse?"
"Yeah," the accountant said. "That'll work."
More at this link. (http://www.latimes.com/sports/la-sp-owners2-2009nov02,0,5879713.story)