how much is an llc yearly costs for horse [With Tutorial]

Last updated : Aug 28, 2022

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hey everyone so if you're planning to get a horse soon one of the most important things you need to know is the financial commitment that comes with owning a horse the last thing you want to do is buy a horse and be unprepared for the costs that come with it so in this video i'm just going to give you an overview of all the costs that come with owning a horse so when it comes to owning a horse your expenses don't stop after the initial purchase price but i thought i would start with the initial cost to actually getting a horse just because this can be another big factor and you know what i'm going to let tucker just sit here and graze because i'm sure he's going to get bored with this video finances you know no one wants to talk about it so anyway the initial cost of owning your horse what is the purchasing price so horses vary greatly when it comes to purchasing them you can buy a horse for a hundred dollars or you can buy a horse for thousands and thousands and thousands of dollars so there's a lot of wiggle room there when it comes to fitting in your budget there's basically three factors that will affect the price of your horse one factor is training so how much training your horse has one factor is registration so their pedigree and bloodline and the last factor is the breed so some breeds are going to be way more expensive than others the more training a horse has the more expensive they're going to be or the more specialized training they have the more expensive they're going to be buying a grand prix jumping horse is going to cost you a lot more compared to just buying a horse that you can ride around and have fun on so let's talk about registration if your horse is registered under their breed association that can affect the price it can make them be more expensive and this is just because they have a bloodline that is traced back and you can have a pedigree you can know what the horse is built for like are they built for barrel racing are they built for eventing show jumping stuff like that so if you're on a budget looking for a horse that isn't registered may be cheaper for you so tucker here isn't registered as a poa he's just considered a grade that's what you call them a great horse is unregistered horse so another thing that's going to affect the price of a horse is the breed so if you have a frisian or a warm blood or maybe a fjord pony those breeds are in high demand and they're also expensive just because they're a more rare breed and people like them and they want them so if you want one of those breeds you've got to be prepared to spend a little bit more money on the other hand common popular breeds like quarter horses appaloosas thoroughbreds those you can usually find reasonably priced just because there's a lot of them and they're pretty common and even though i love all these breeds they may not be like in demand as you know those rare specialized breeds if you're purchasing your first horse and not looking for anything in particular you can usually expect to find a good horse between fifteen hundred dollars and four thousand dollars so you can usually find a horse in this price range with decent amount of training like i said it's gonna vary so just make sure you're specific about what you want so my horses were actually all under two thousand dollars i got tucker and bella for around six hundred and fifty dollars they were pretty cheap but they were also unbroke so the reason for the cheapness pepper she had a little bit of training so she was right at fifteen hundred dollars and you know she had basic walk trot canners she could jump cross rails so that's just to show you guys how the price ranges differ another initial cost to consider when it comes to purchasing your horse is a vet check so this is where a vet will pre-check your horse before purchasing just to make sure that the horse is healthy and to make sure it's able to do what you want to do with it so in the united states a vet check is going to cost anywhere from two hundred dollars to five hundred dollars this really just depends where you are in the country just because living expenses and cost of living is so varied throughout america it also may vary depending on if you're getting very specialized specific testing on your horse that is not included in the original vet check so what a vet check usually includes is the vet will listen to the horse's vitals take a pulse listen to the lungs and the heart and all that good stuff they look at the horse's teeth to see if they're around the age that the seller is saying that the horse is they'll also do like a flexion test with your horse to see if there's any signs of arthritis or anything like that the vet will also have you lead the horse around so you can see if there's any sign of lameness or anything like that some specialized tests that you can do that aren't usually an original blood check is a blood test to see if there's any specific diseases the horse may have you can also do a test like a radiograph just to check the horse's bones and their joints and things like that they can also run a test on the horse's dna and genetics to see if they carry anything that could be passed on if you're planning to breed the horse so that's something to think about just depending on what you want to do with your horse another part of your initial cost of approaching a horse will be transporting the horse to where you're gonna keep it since i don't have my own truck and trailer i usually have a friend move my horses or maybe if i purchase a horse the seller agrees to bring the horse to my property or even i've paid transporters to move my horses so just depending on how long the journey is transporting can range from like a dollar per mile to even three dollars per mile so when i moved tucker across the country it was 1200 miles overall and it ended up costing me around hundred dollars other times i've moved a horse maybe an hour and i just talked to the seller beforehand and we agreed that i'd pay them fifty dollars to move the horse so just things like that where you may have to negotiate a little or just search around to see what your best options are now let's talk about what to feed your horse and how much that's going to cost so there are a few different things you can feed your horse but the first one i'm going to start off with is grain so grain can be used to supplement your horse's diet and also help them hold weight and get the proper nutrients and sugars they need a 50 pound bag of brain can range anywhere from 15 to 60 dollars usually the higher quality grain will be on the higher end of that spectrum so a 50 pound bag of grain may last you anywhere from two weeks to two months just depending on how much you're feeding daily before you purchase grain it's important to know what your horse needs specifically for them so all horses are different and they each have their own dietary needs if you have a horse that keeps their weight easily you don't need a grain that's going to be high in sugar so tucker is a very easy keeper so he keeps his weight very well so i don't feed him a high sugared gra

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- Lelia Smoot, Staff Member

hi guys welcome back to my channel if you are new here make sure to subscribe and hit the notification bell to get notified when i post a new video in today's video i'm going to be talking about how much it costs to own a horse and to maintain having a horse because it is very expensive and i know that this is something a lot of new time horse owners want to know beforehand so they can kind of budget how much they're going to be spending each month i hope that this is helpful to anyone who is new to the equestrian world or if you're buying a horse for the first time and you just want to know how much you should be spending each month if this is helpful make sure to give the video a like and also make sure that you are subscribed let's get into it so i'm going to break this down into categories to make it easier and we'll go over some of the things that you will have to take into consideration when you are budgeting out your expenses first category i'm going to talk about is boarding so if you don't own your own horse property or you don't have somewhere at home to keep your horse you're obviously going to have to keep your horse at a boarding facility now every boarding facility is different this is going to vary depending on your location where you live for me i'm in california things are pretty expensive here so boarding can get very very pricey just from what i've seen in my area boarding can honestly go anywhere from like 300 which is really really good if you're finding board for that cheap and i've also seen it go up closer to around 800 so again this is going to vary depending on your location and also just what the facility has to provide make sure that you do a lot of research on the boarding facility to see what is included with the price every month and also just make sure that you are finding something that is within your price range i mean isn't too expensive the next category that we're going to talk about is feed most of the time if you are boarding your horse at a facility they will include um just like standard hay so like alfalfa usually comes with the price of board some places have people that will feed your horses every morning other places may require you to self-feed but i feel like for the most part usually a boarding facility will have people that feed the horses every morning some horses need extra supplements dietary things that other horses may not really need if your horse is on supplements this is obviously going to be an additional cost to feed every month my old horse that i had he was a little bit older so i had him on purina equine senior and i believe that was like 22 dollars a bag or something like that and then he was also on alfalfa cubes which were basically just dried up hay cubes that we would have to soak in water um but i would have to buy those from a feed store so every like two weeks i would be spending like around forty dollars on both of those items so it came out to about 80 a month again it's really going to differ from horse to horse most of the time your vet will recommend if they want your horse to be on a certain type of supplement make sure that if your horse is going to be on supplements or just additional feed that you are budgeting that into your monthly budget next we're going to talk about farriers now some horses have shoes some horses don't have shoes this is usually something that your vet will recommend if they think your horse needs shoes also if you're purchasing your horse from somebody they may recommend keeping the horse with shoes it really just depends on the specific horse in the past i had a horse who didn't have shoes i had a horse that did have shoes and they just needed different things because they were different horses so again it's going to vary it's like a very recurring theme in this video me saying it's going to vary but it really is going to specifically depend on your horse if your horse does have shoes approximately every four to six weeks you're going to need to have a farrier come out to switch out the shoes and also file down your horse's hooves if your horse doesn't have shoes you're still going to want to have a farrier come out and file down your horse's hooves so that they aren't tripping over their own feet i had a horse in the past who had really fancy shoes they had like a pad on the bottom because he had really sensitive feet and those were more expensive than obviously like just your generic regular horseshoe so that was more expensive for his farrier visit but then again i did have horses um that just had like standard horseshoes and it was a lot cheaper so it's going to vary just expect every four to six weeks to have a farrier to come out and it will probably cost anywhere from 100 to 150 just for like a generic farrier visit also make sure that you find a farrier that is skilled and reliable it is so important to have somebody who knows what they are doing because your horse's feet are so important obviously and you don't want anything going wrong i highly recommend doing a lot of research about farriers in your area looking up reviews and just making sure that you're finding someone who is going to take the best care of your horse next we're going to talk about vet bills this is a fun one vet bills can be very very expensive this isn't necessarily something your horse is going to need every month this is more of an annual cost it's always important to be prepared for any sort of situation that could end up costing you a lot of money accidents happen especially with horses and sometimes you're not expecting to pay you know certain vent bills but you have to because you need help for your horse annually your horse is going to need a vet exam dental care deworming and vaccines now this is all going to be spread out over one year um and again it's going to vary from horse to horse i feel like a broken record saying that but again like certain horses need certain things not every horse is the same make sure that you do get your horse's vet records from whoever you're buying the horse from and make sure that you are keeping up with all of the vaccines and all the exams that they need expenses are going to vary depending on each vet clinic so make sure that you're finding somebody again kind of like with the farrier you're finding a vet that you trust and that has affordable like reasonable prices on average you're probably going to end up spending anywhere from 400 to 600 a year um on vet bills and it could be way more than that there's a good chance that it probably could if your horse needs extra exams or vaccines so just to make sure that you are again taking that into consideration problems happen things come up that we have to take care of for our horses and it's better to just already have that kind of idea in your head that you're going to be spending more money because it won't be as much of a surprise the last category that i want to talk about is just kind of like um what i call the other category just with everything else that's kind of random we love to buy tack for our horses apparel for ourselves every month i'm sure you're

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- Lelia Smoot

About the author

Lelia Smoot

I've studied file dynamics at Lewis-Clark State College in Lewiston and I am an expert in marine biology. I usually feel amused. My previous job was american football player I held this position for 10 years, I love talking about zoo visiting and woodworking. Huge fan of Dwayne Hill I practice snooker and collect breweriana.