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Originally Posted by DropofHope
That sounds like a great set up! What do you all do with the other earnings? Are they distributed, set aside, put toward future purchases? If Chuck handles the day rate - does he also pay for the vet bills, etc?
Sixty owners sounds like a LOT! Is every owner able to watch workouts, attend races, etc?
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Everyone gets the benefit of ownership, even being under 5%. What is earned would go towards another horse; pays for liability and replacement insurance; 'over and above' expense if the horse needs surgery/turnout/rehab, etc..
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