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Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 7:25 am
by talltimber
Bigfoot, you should be able to deduct your fuel, fees, feed, miles, etc on your horse deal, at least on your open/pro trips that is. Idk about the youth rodeos, I doubt it. You may have to go look at some cows somewhere, and they just happen to have a youth rodeo there as well. Just sayin.

Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 8:00 am
by BobbyLummus1
Make a colt to sell , My horses have paid for themselves and the barn every year 100 times over . Its a world of a lot tougher than it used to be a but a good young gelding will still bring the money :2cents:

Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 11:03 am
by ropinranger
I do like Bobby, I try to make a decent horse and sell one or two a year....to help support my two rope horses and my team roping "habit"....

I did like you are doing Bigfoot and supported the kiddos(mostly just one that took to it), but she is in college now and only "talks" about barrel racing and roping mostly...I do still have her barrel/san angelo ambassador horse, just in case she decides to take it back up. I can also heel of that mare, so she can pay for her keep in other ways.

I love my horses, but, like you, I don't like to add up what it takes to keep them around...not to mention the LQ trailer we have to have for the weekend ropings/rodeos, the diesel to get there and back, etc. But, some of that I do get to deduct from taxes.

Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 11:33 am
by Bigfoot
I raised colts for a long time. When I got out, I said I was out to stay. I figure a 5 year old, that's operating like you want is cheap at any price, compared to raising one. I quit when I had kids. Just wasn't enough time to be a dad, and finish one properly---------and raise cattle and work off the farm. One of my kids might want to fool with young stuff someday. They can if they want to, but I've moved on.

Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 12:28 pm
by ropinranger
I am pretty much quitting the colt starting/riding bizz as well, I have one more that just turned 3. Once he is gone, I will probably not do any more.

Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 8:23 pm
by JMJ Farms
Bigfoot wrote:
JMJ Farms wrote:I don't know how far your are from Louisville. I have a sister who lives there. If I ever get up that way I will make it a point to look you up.


I have a sister in law in Houschton, it might be I'm by you sometime to.


BIgfoot, is that near Braselton?

Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 9:03 pm
by Bigfoot
We only go occasionally. That sounds right though. It's fairly close to Athens, I know for sure.

Re: It cost to own a horse!!!!!

Posted: Thu Jan 21, 2016 9:08 pm
by JMJ Farms
Gotcha. I'm about 2.5 hours from Athens. South. But if you get that close you just let me know.