What are the different types of ownership horses?

The idea of ​​buying a race horse is exciting, but it may often seem like a somewhat complicated prospect. Many factors need to be considered, such as what the horse to buy, how much to pay for it, who to train it, and what is most important, what type of ownership to assume. Every potential buyer should have time to consider their possibilities and choose the type that is right for them. This type of ownership means that you own horses yourself, any profits are up to you to maintain and what are any costs for you. All decisions about the horse will make yours, including the name. This type of ownership is best for individuals who like to keep control of their investments and are willing to give the management details of the racing horse a lot of time and energy. There are 4 basic types of co -ownership:

ownership of the company - the company owns one or more horses and appoints a registered agent to manage them.Company shareholders are co -owners of the horse.

leasing - this is a relatively flexible option and ideal for investors who hesitate to owe racing horses. The lease can be created for a specified period of time - just as a single race or for the whole race of the horse.

common ownership - can consist of up to 12 individuals. Each of the owners has a word in the administration of a horse and all expenses and profits are usually shared evenly.

Racing Partnership - can consist of up to 20 individuals, but at least two partners must be registered owners. There are 3 types of partnership to be considered:

• The train is administered - in this type of ownership the coach is responsible for managing partnership details, accepts all decisions and usually is a co -owner. This type of ownership is best for those whoThey do not know much about horses or horse races. Just don't forget to find a coach you trust and who will inform you.
• Social group - usually consists of a group of friends who want to associate their money to buy a horse. One member of the group is responsible for the administration of co -ownership.
• professionally launched co-ownership-the type of ownership employs the organizer to establish and operate co-ownership, of course for a nominal fee. All management decisions are solved by the organizer and the owners have a relatively small involvement in the business side of ownership of racing horses.

If you are not sure if you want to own a racing horse, you can consider connecting to a racing club. They usually require you to rent ownership interest and pay a fee with a club, but you don't have to own a racing horse. This allows potential buyers to become more familiar with horses, racing procedures and the general atmosphere of the races thanThey commit to spend a large amount of money or take responsibility for ownership of racing horses.