Quote:
Originally Posted by Kasept
This filly has 40-20-20-20 ownership among the partners, so if you figure expenses are $2,500/month, costs are $500-$1,000/mo. after the initial buy-in for the claim.
As we add claims -- want to take a $25k this week in fact -- can offer 10% to 50% levels of involvement.
On a $25k claim, each 10% would be $2,500 up front + an estimated $250/mo.
tpkasept@yahoo.com if anyone wants to come along..
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how does everything work with taxes at the end of the year?