Guten Tag aus Hannover, Germany, dear Equine Law Blog readers!

For the first time since the Equine Law Blog’s inception in early 2008, we are broadcasting "live" from a location outside the United States!  Speaking of the United States, this update is to let you know about the good news found in the U.S. Tax Court decision Blackwell v. Commissioner, decided on August 8, 2011. 

Minnesota performance horse breeders Mark and Patti Blackwell of Fresh Horses Farm stood up to our dear Uncle Sam and they prevailed in a hobby loss case! 

See this related post for more details on why this win is significant.

Why the Blackwells won, in a nutshell [according to the opinion]:

–They developed a "rather comprehensive" written business plan;

 –They prepared to start up the breeding and training activity by taking educational courses and consulting experts;

 –They were not "absentee, aloof, or recreational" horse owners;

 –They made adjustments, as necessary, in their business plan and activities in an effort to make a profit;

–They maintained reasonably good books & records of income and expenses related to their horse activity.

My take aways:  Keep good business records and a written business plan; do as much as you can yourself so that you’re not "absentee" or "aloof"; do research and consult experts as to how you might make a profit int he horse business and change things up if you find that the business plan is not working out.

About the picture Before I head to the great horse shows at Luhmühlen and Augsburg, I am staying a couple of days with my former host parents from my days as a Rotary Youth Exchange student (Eberhard and Renate Nickel).  Eberhard Nickel [pictured, on the way to the courthouse this morning] is a German attorney who specializes in construction law and public finance law.  The lawyers in Germany still wear robes to court [but I’m told they never wore wigs].

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Auf Wiedersehen und bis bald! 

As you are reading this post, I’m probably at DFW airport getting ready to board a 10 hour Lufthansa flight bound for Deutschland. 

That means that–Lord willing and the creek don’t rise–the Equine Law Blog will be broadcasting live from Germany during the weeks of August 22 and August 29!  

While in Germany, I plan on spending some time at the Luhmühlen Horse Trials (i.e. HSBC European Eventing Championships) as well as the Americana Horse Show in Augsburg. 

If any of you dear readers of the Equine Law Blog will be in the Hannover or Augsburg area in the next two weeks, give me a heads up because I would love to get together! 

While we’re on the topic of international horse events, this page from Nedpoint Quarter Horses in Pauls Valley, Oklahoma has some great info on the import/export of horses between Europe and this area of the world.

Have a great Thursday, a great weekend, and I’ll look forward to updating you on interesting equine law topics from the temperate climes [read highs in the mid 70’s] of beautiful Germany.  

 

     Mary King, Luhmühlen 2010, Fence 27a, "boat at the quay"