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Sep. 22, 2022 7:26am


Author Topic: Money and Taxes  (Read 452 times)

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Molly

  • Guest
Money and Taxes
« on: December 29, 2008, 03:21:22 am »
What happens if you have about 50,000 dollars in taxes and not enough money to cover them?  If you go into the negative then how are you suppose to race horses to make money ??  Is there anyway to get out of debt?

I am kinda running low on money but I have a few nice horses that bring in some money but haven't lately because I don't have any money to enter them in races. I have put a horse up for lease but so far no takers.  :(

Is there any suggestions on what to do?

Thankx for any help.

Brenda

  • Guest
Re: Money and Taxes
« Reply #1 on: December 29, 2008, 04:09:58 am »
Handicapping is a fairly quick way of earning money. You can do 12/31 and get some money in January and then continue it for a good 6 months to help build your bank acct. It can be time consuming unless someone knows a short for copy & paste.

Look at Dawn, she makes a huge amount doing handicapping!!!

Sign up for Color War for next year. Doesn't help you now BUT it will in a year.

PM me and I might be able to help you privately after the 1st.  If you are not going to be able to run them for a little while, send them all home for a nice rest before 12/31.  January is nice month to rest the horses and you can do Handicapping and earn some money to start them again in Feb.



Molly

  • Guest
Re: Money and Taxes
« Reply #2 on: December 29, 2008, 05:51:58 am »
What is handicapping ?  I know what it is in real life though.  How does handicapping work?  My horses are ready to race I just need money to run them.

Thankx

Dawn

  • Guest
Re: Money and Taxes
« Reply #3 on: December 29, 2008, 05:42:10 pm »
Here is the forum post on Handicapping... also check out the FAQ...

http://www.finalfurlong.org/forum/index.php/topic,1589.0.html