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Monday, March 31, 2014. Investing in Cutting Horses a Tax write-off? Is Investing in a Cutting Horse a Write Off? Owning a cutting horse can be the most exciting investment you will ever make. But, it is first and foremost an investment. If treated like the business that it is, the IRS affords many of the same protection as investing in real estate or other business ventures. 8220;Business or Hobby. Ace-High partnerships investments generally do not fall under the hobby loss rules. You dont hav.CONTENT
This web page acehighpartnerships.blogspot.com states the following, "Monday, March 31, 2014." We saw that the webpage said " Investing in Cutting Horses a Tax write-off? Is Investing in a Cutting Horse a Write Off? Owning a cutting horse can be the most exciting investment you will ever make." It also said " But, it is first and foremost an investment. If treated like the business that it is, the IRS affords many of the same protection as investing in real estate or other business ventures. Ace-High partnerships investments generally do not fall under the hobby loss rules."