Quote:
Originally Posted by Ocala Mike
I didn't check with my daughter as to the financials on the deal or tax implications.
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To me it would just be all about the "thrill" of being part of a good racing stable, getting to travel around to different tracks where "your" horses run, box seats to an event, winners circle photos to frame and have for fond memories, getting to "root" for your horse with fingers crossed....more about personal involvement that goes beyond a wager on an ADW. More like perks you get from a casino when you spend some extra $$ with them.
I don't think most people expect to make a
huge $$ haul (though of course, with the right horse taking you to the big money races, it could happen!) when they buy 1 share in a syndicate. I could be wrong about that, we are all different. My purpose for doing it would be more along what I just described.