Stallion Syndication: Sharing Ownership of a High-Value Breeding Horse
Learn how syndication can divide a stallion’s purchase price, breeding rights, expenses, management responsibilities, and financial risk.
Tax Exempt Organizations Can Pay Tax
Many tax-exempt organizations assume that their tax-exempt status eliminates the potential for tax on all forms of income they may generate. Exempt organizations beware. Activities you are involved in may be identified by the Internal Revenue Service as unrelated business taxable income (UBTI) which is subject to tax.
What Must a Seller Disclose When Selling a Horse?
Understand how fraud, concealment, warranties, and state law may affect a seller’s duty to disclose a horse’s condition and history.
Will Your Equine Liability Waiver Hold Up in Court?
Learn why signed waivers can still be challenged and which drafting, signing, and recordkeeping problems may undermine enforcement.