Syndication

Syn­di­ca­tion
About Syndication

 

 

 

 

Avail­able Syndications

Fre­quently Asked Questions

1. What is a “Buy In” cost? This is the one-time amount you pay to pur­chase your share of the horse. Syn­di­cate own­ers are allowed to pur­chase more than one share. All syn­di­cate own­ers will enter into a con­trac­tual agree­ment with equal rights.

2. What is the “Annual Main­te­nance” cost? This is the annual cost you con­tribute to keep your horse going. The Annual Main­te­nance cost helps cover yearly lessons and train­ing, com­pe­ti­tion entry costs, monthly board­ing, shoe­ing, equip­ment, tack, vet­eri­nary care, insur­ance, trai­ler­ing, and ship­ping to inter­na­tional destinations.

3. Are their Tax Advan­tages? As a syn­di­cate horse owner, you may enjoy tax ben­e­fits. To learn more, please visit the Amer­i­can Horse Tri­als Foun­da­tion at www.ahtf3day.org

4. What are the Ben­e­fits of Own­er­ship? As a syn­di­cate owner, you will be behind the scenes and an involved mem­ber of your team. You will be kept informed of all rel­e­vant news per­tain­ing to your horse—training progress, show sched­ules, and offi­cial rank­ings through leader­board results. You will be able to watch your horse com­pete at all com­pe­ti­tions. You will receive reg­u­lar updates on your horse’s progress by phone, email and newsletters.

Being an owner also comes with its priv­i­leges. Through the USEF, own­ers enjoy spe­cific social gath­er­ings and out­ings, coor­di­nated inter­na­tional travel to events such as Burgh­ley and Bad­minton, and tai­lored events such as pri­vate course-walks and team din­ners. Own­ers also receive sta­bling passes at top national and inter­na­tional com­pe­ti­tions where your horse is competing.

5. What if I Want Out? You are more than wel­come to exit the Syn­di­cate at any time by sell­ing your share(s). The share(s) will be offered to other own­ers in the Syn­di­cate first and if a price can­not be agreed upon, you may offer your share out­side the Syndicate.

6. What if Expec­ta­tions are not Met? Horses are unpre­dictable and some­times they don’t reach the goal of the Syn­di­cate. If this occurs, a dis­cus­sion will be held with all Syn­di­cate mem­bers to devise a plan.

7. What if the Horse gets Injured? If the horse is injured, we will con­sult with our top vets and far­ri­ers to make a plan for rapid reha­bil­i­ta­tion. If the injury is career-ending, the Syn­di­cate will dis­si­pate. Money will not be returned, but pay­ments will cease.

8. What if an Offer is Made? If an offer for pur­chase is made on the horse (and the price is worth con­sid­er­ing) this will be pre­sented to you and the rest of the part­ners for a deci­sion to be made.

9. If the Horse Sells, do I Get a Per­cent­age? Yes. If your horse sells, you will receive your per­cent­age of shares of the sale price.

10. Do I have Access to the Horse? Yes! Whether in Aiken, Cal­i­fon, or at a com­pe­ti­tion, your horse is just a text or phone call away.

Learn more about avail­able syn­di­ca­tions by con­tact­ing Kristin Schmolze directly at: Cell: 973.768.4174 
Email: KSEventing@yahoo.com