Thoroughbred Sales, 2014: Broken Records, Tax Incentives, & Aftercare Donations

Buyers of Thoroughbred racehorses in 2014 got an early Christmas present when H.R. 5771, the Tax Increase Prevention Act of 2014, became law earlier this month.  Retroactive through this past year, a provision of the law renews the three-year tax depreciation for racehorses, which allows taxpayers to depreciate racehorses 24 months of age and younger…

OTTB Third Regiment Goes Home…Again

In early March, Maryland-based trainer Pat Dale was preparing Third Regiment, a Pennsylvania-bred retired Thoroughbred racehorse, for the next step in his second career: a performance in the Battle of the X’s in Texas, after which he’d be auctioned off to a buyer approved by Remember Me Rescue, which was coordinating the event. With thirty years…

Progress In Thoroughbred Aftercare Requires More Than Money

At Pimlico last month, more than 600 people attended a two-day exhibition produced by the Retired Racehorse Training Project. Dozens of retired Thoroughbreds performed in a variety of disciplines, showing off newly learned skills in hunting, jumping, polo, and even police work. The weekend provided an opportunity for retired Thoroughbreds to demonstrate their adaptability and usefulness…