What are the tax implications of profits earned through a syndicate?

May 16, 2024 ... Imagination will go off as the second or third favorite in the $2-million Preakness Stakes, the second leg of racing's Triple Crown. A syndicate allows multiple people to purchase equal shares in a horse which cuts ownership costs, allowing more people to take part in the ownership. Are you ready to experience the thrill of horse racing ownership without breaking the bank? Welcome to The Thrill Racing Syndication! We are excited to ... Jun 7, 2023 ... Favourite horse racing performance of all time? Bobbyjo (1999 Grand National) it's not so much for the horse's performance as it is for my ... A syndicate, a partnership – it all equals a way to get into racehorse ownership. Here are a few best practices for getting started with a Quarter Horse racing ... May 3, 2018 ... The question was whether the syndicates had moved beyond conventional betting and started behaving like corporations. The implications would be ... Kingmakers Racehorse Syndication is taking a customer first approach with new and unique ways to own and race a horse. We're making it more personal, more ... Horseracing syndicate for Blackrock Alumni offering them a chance to be involved with a world class trainers! Name, Starts, Wins, Places, Shows, Earnings, Win %, Top 3, Top 3 %. Blinkers On Racing Stable, 6, 3, 0, 2, $211,950, 50%, 5, 83.33%. Apr 26, 2024 ... Racing Club is a community-focused horse racing syndicate aimed at providing affordable and accessible racehorse ownership through RC Syndicates.