Q: Do partners have to make any other payments after the initial outlay?

A: The initial outlay pays for the partners percentage in the horse, as well as a few months of training expenses. Training expenses are always calculated on a quarterly basis. If the horse earns more money in purse earnings than needed for the expenses of the next three months, then there won’t be a cash call, and the overage will be mailed to the partners. However, if there is no money in the account, there will be a full cash call for the following three months.