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Jen Shah: “Make Sure Your Thoroughbred Ownership Enterprise is Considered a Business”

Jen Shah: “Make Sure Your Thoroughbred Ownership Enterprise is Considered a Business”

By: Dean Dorton | November 9, 2016

Equine

Jen Shah is no stranger to the annual Thoroughbred Owner Conference, hosted by OwnerView. More than 100 aspiring Thoroughbred owners from across the country gathered at California’s Santa Anita Park on October 31 to learn about business considerations for racehorse ownership. Joining Jen on the panel were experienced owners George Bolton and Mike McMahon, trainer Kenny McPeek, bloodstock agent Pete Bradley, and Shannon Arvin, an attorney for Stoll Keenon Ogden.

The key take-aways from the panel were to avoid rushed decisions, spread risk, and have fun while in the game of horse racing. Jen discussed tax issues for Thoroughbred owners and encouraged both current and aspiring owners to consider their ownership enterprise a business rather than a hobby.

Immediately following the Thoroughbred Owners Conference was the thirty-third running of the Breeders’ Cup World Championships, hosting the world’s greatest in the sport of horse racing. Joining Jen was Melissa Hicks, also on Dean Dorton’s equine industry team. Jen and Melissa represented the firm, which was a proud partner of the 2016 Breeders’ Cup.

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