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Let's Cheer For Boner's Horse Today Live At Saratoga

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What I'm involved in is bottom level ownership (albeit on one of the top circuits in the US).

I own a 3% stake in an LLC where the sole asset is this horse. The managing partner bought the horse at public auction (55k) and sold it to the LLC for a mark up (about 75k). He charges a 5% fee on all income streams (this win was 110k, he made 5500) and I own 3% of all net income and all liabilities... forever. The managing partner basically has all the cards, he decides everything. I wish that wasn't so.. but I can only raise 3k for horse ownership, he can raise 75k.

I (read: my wife) treats it as my country club or yacht club membership.
 
Boner_18
What I'm involved in is bottom level ownership (albeit on one of the top circuits in the US).

I own a 3% stake in an LLC where the sole asset is this horse. The managing partner bought the horse at public auction (55k) and sold it to the LLC for a mark up (about 75k). He charges a 5% fee on all income streams (this win was 110k, he made 5500) and I own 3% of all net income and all liabilities... forever. The managing partner basically has all the cards, he decides everything. I wish that wasn't so.. but I can only raise 3k for horse ownership, he can raise 75k.

I (read: my wife) treats it as my country club or yacht club membership.
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this is why the winners circles have so many clowns :thinking:

good deal though :up:
 
xpansive
https://toptruenews.com/wrong-way-i...esperate-for-baby-didnt-know-how-to-have-sex/
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>the couple had mistakenly been having anal sex for years.

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