Yes. Any owner can see the racehorse with a visitor’s pass for the day. Also, even the smallest % owner can get a full owner’s license and have all the privileges as any other owner eliminating the need for a pass. Either way, you can see your horse. It’s part of the experience of being an owner. 

Yes.

James R. McGlinn will make the ultimate decisions regarding this racehorse. These decisions will be based on ongoing consultation with the trainer, veterinarians, riders, etc. The trainer will have the biggest say in the day to day aspects of this racehorse. 

The General Partner will keep you updated primarily through email. Training progress, race dates and other pertinent information will be sent to you. He will also help educate those who need it on various aspects of horseracing. Terms such as Maiden Special Weight, Allowances, and Claiming races will be explained.

As a Limited Liability Company, a LLC

You will receive a K-1 statement for each tax year.

Yes.