March 24, 2008
The Business of Horses - Depreciation
I have said many times that if you are a breeder, you need to be a business. One of the reasons is that a business can deduct the expenses of raising horses including feed, vet care, stud fees, marketing costs, training fees and all the other necessary expenses of raising and selling your horses. The most important reason though is that you can buy and depreciate your stallion and mares over a period of time.
