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Originally Posted by Sightseek
Is this why your really sending Phil? 
What happened to all the free food and beverages?
Jeffrey Seder of the EQB consulting firm joked that one sign of the Thoroughbred market’s health was the difficulty he was having finding a free cup of coffee at the September sales. Some consignors, when the auction business was doing better, had large spreads of food and provided drinks. But this year, they were cutting back on the freebies. To economize, Denali Stud’s Craig Bandoroff stopped offering pistachios. But you could still find rum cake at Mill Ridge Sales, and Lane’s End still was giving away hats with their stallions’ names on them.
http://www.bloodhorse.com/horse-raci...d-some-answers |
It has definitely changed, Keeneland still supplying bottled water but last year Mill Ridge had a rockin area. Some of the smaller consigners had Jolly Ranchers today.
I WISH it was actually me being able to get a thoroughbred, with the bonus depreciation and new depreciation method for yearlings(4 year; 25% / 37.5%/25% /12.5%), you can recoup more then half of purchase price (25% then 50% on that final 75%) in a tax deduction so it would be a great idea if you did have the cash