MyRacehorse

MyRacehorse

MyRacehorse

MyRacehorse

Affordable Race Horse Ownership. Welcome to the future of horseracing, where you can legally buy shares in top racehorses.

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Highlights

-17.51%

Asset Class Return30d

#9 Rank

In Sports Cards30d

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Invest from

$100

Overview

With MyRacehorse you  can buy fractional shares of racehorses. If the horse you purchase is ultimately profitable—which is measured against the cost of purchasing the horse, training, and maintenance, and other costs associated with operating the horse series company—you can expect to receive a dividend. The price of a share includes a prepaid amount for the care and training of the horse. All horses listed on MyRacehorse undergo an exhaustive diligence process, that includes a veterinarian check, conformation assessment, and value assessment that includes pedigree analysis, race history, remaining conditions, and several other factors that determine the fair market value of a horse. Only horses that meet the vet, conformation, and value assessment requirements are eligible to be listed on MyRacehorse. 

Things to Know

  • You make money on

    Value + Dividends

  • Fees

    0%

  • Min Investment

    $100

  • Payout frequency

    Quarterly

  • Term of investment

    36+ months

  • Target Return

    Varied

  • Liquidity

    Moderate

  • Open to

    All Investors

  • Mobile Application

    No

Top Perks

  • Race winnings paid directly to your online account

  • Race Day Privileges

  • Excel at top level with minimal cost

See inside MoneyMade’s 6-figure multi-asset portfolio

6-Figures

12+ Assets

50+ Platforms

4yr+ Returns

How you make money

Your horse company is a for-profit entity. If the horse is ultimately profitable—which is measured against the cost of purchasing the horse, training, and maintenance, and other costs associated with operating the horse series company—you can expect to receive a dividend. Whenever a horse races, its purse (minus expenses) will be used to top up the reserve account, which is what is used to pay for ongoing expenses like stables, training, vet bills, etc. If there’s money left over after filling the reserve, the extra will be distributed among shareholders. A detailed breakdown of how a purse is used will be posted in the update section for each race. In addition to having an equity interest in the horse, MyRacehorse offer regular updates on how your horse is doing, free backside tours, farm tours, and events during morning workouts so you can watch your horse and chat with the trainer. When the horse races, you can gain access to the Winner’s Circle and enter a raffle for paddock access. We also have premium (paid) events on race day including owner-exclusive parties.

How MyRacehorse makes money

There are never any mark-ups on the horse or their expenses, you pay exactly what we pay. There is a separate one time 15% diligence fee on a closed offering and a 10% fee of gross earnings that covers the ongoing management of the series.

Is it safe?

Horses are living, breathing, fragile animals and no guarantees can ever be made about the outcome of an investment in a racehorse. Most investments lose money, some break even, a few are profitable, and a select few are extremely profitable. We are here to provide a marketplace to make investing safe, secure and fun, but we are not removing the risk from racehorse ownership.

  • Established

    2017

  • Country Available

    US Only

  • Assets Managed

    n/a

How You’re Taxed

Capital Gains

Capital Gains

Income Tax

Income Tax

If you are investing on a sports card investment platform like Collectable, where you own a fraction of or a % of a card:

  1. Sale of card: If the card is sold, you receive the equivalent of a dividend. Your profits are then taxed as income.
  2. Secondary market: If you trade your shares on the secondary market, your profits are taxed as capital gains.

For those of you selling a sports card you purchased, card investments are classified as 'collectibles.' Gains on cards held for one year or less are taxed as ordinary income—the same tax treatment as short-term capital gains (STCGs). Gains on cards held more than one year are taxed as ordinary income, except the maximum tax rate is 28%

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