Greg Luther Strikes Again

[Halfmiler]

He just pissed away another half mil on OnGait especially if his brother is training that horse for him.  You’d think at some point he would have to look at his bottom line and say hmmmmmmmm!!! This dude can’t be that sharp businessman he claims to be. What a joke!

[HarnessFan1981]

Greg Luther Racing lit up the OnGait.com auction site today, buying Why Not Now for $502,000.  The Always A Virgin Colt has hit the board in all 18 starts this year, winning nine.  He has earned $617,165 this year.  He is coming off a win in the $260,000 Progress Pace Final.

Greg Luther says he is very excited about the purchase.  “We plan to race him next year to get some of the investment back and then breed him.”

[Generation XYZ]

He just pissed away another half mil on OnGait especially if his brother is training that horse for him.  You’d think at some point he would have to look at his bottom line and say hmmmmmmmm!!! This dude can’t be that sharp businessman he claims to be. What a joke!

As long as there are people paying to learn of to "get rich quick in real estate with no money down". guys like this snake oil sales man will have full coffers.  Once the word gets out and people quit paying for his Tony Robbins' esc rah rah rah BS the ship sails.

[LUCPARK]

  THATS A RECORD

HIGHEST EVER PAID FOR AN INDY BRED PACER..

DYLAN IS VERY GOOD TRAINER  ,,

IDK IF LUTHER HAS THE CAPABILITES TO IMPROVE OFF MR DD ..

LIKE TO KNOW WHERE THEY GONNA BREED .. OHIO  MINNESTOA  INDY   MICHIGAN  PROGRAM STARTIN TO KICK UP THERE NOW ..

GOOD LUCK  BIG MONEY   

[The Thorn]

Luther brought his "real estate clientele" to his farm last year.  One couple filmed it for youtube.  They made a point of saying how Luther has the largest stable of racing saddlebreds. 

[Halfmiler]

Nothing he ever does makes any sense! Like jumping bids by $100k on a colt by his own stallion! Attention getter or just plain stupidity!

[Generation XYZ]

Luther brought his "real estate clientele" to his farm last year.  One couple filmed it for youtube.  They made a point of saying how Luther has the largest stable of racing saddlebreds. 

I saw that.  Total Tony Robbins hyped up BS. Yea the largest stable of racing saddlebreds in the country, I might add. .  Amazing considering a few years back todd was always unshaven and in dirty clothes claiming worn out horses for Bruce Soulsby.

[Miguel_Sanchez]

  THATS A RECORD

HIGHEST EVER PAID FOR AN INDY BRED PACER..

DYLAN IS VERY GOOD TRAINER  ,,

IDK IF LUTHER HAS THE CAPABILITES TO IMPROVE OFF MR DD ..

LIKE TO KNOW WHERE THEY GONNA BREED .. OHIO  MINNESTOA  INDY   MICHIGAN  PROGRAM STARTIN TO KICK UP THERE NOW ..

GOOD LUCK  BIG MONEY   

Dylan Davos a good trainer?  You must be kidding right?  Dylan only knows one thing - inject EPO weekly and give until you can't give anymore.  Once they crash just replace horse.  This guy can't train Lassie to piss on paper.  This horse will not function next year and Luthor just donated $500K to Howard Taylor.  What a joke.  No one will breed to this fake rat anyway.  Never beat anyone other than Progress Pace and he was loaded to the gills with no detention barn.  Luthor better spend some money and get an advisor that can tell him what to buy and what not to buy.  Who ever he listens to is costing him a fortune.

[shotgunner]

Dylan Davos a good trainer?  You must be kidding right?  Dylan only knows one thing - inject EPO weekly and give until you can't give anymore.  Once they crash just replace horse.  This guy can't train Lassie to piss on paper.  This horse will not function next year and Luthor just donated $500K to Howard Taylor.  What a joke.  No one will breed to this fake rat anyway.  Never beat anyone other than Progress Pace and he was loaded to the gills with no detention barn.  Luthor better spend some money and get an advisor that can tell him what to buy and what not to buy.  Who ever he listens to is costing him a fortune.

He’s bred to be a real horse at the very least. Brother in 48, a couple of other good ones. Must have beat someone cause he’s made 600k this year.

[Kirbys Ace]

  THATS A RECORD

HIGHEST EVER PAID FOR AN INDY BRED PACER..

DYLAN IS VERY GOOD TRAINER  ,,

IDK IF LUTHER HAS THE CAPABILITES TO IMPROVE OFF MR DD ..

LIKE TO KNOW WHERE THEY GONNA BREED .. OHIO  MINNESTOA  INDY   MICHIGAN  PROGRAM STARTIN TO KICK UP THERE NOW ..

GOOD LUCK  BIG MONEY   

Davis has been avg at best since the Fishman fiasco and only reason why he has any success is because of Taylor and his endless pockets!  Sometimes good horses just win and some needs a lot of help..

[rainman2]

Dylan Davos a good trainer?  You must be kidding right?  Dylan only knows one thing - inject EPO weekly and give until you can't give anymore.  Once they crash just replace horse.  This guy can't train Lassie to piss on paper.  This horse will not function next year and Luthor just donated $500K to Howard Taylor.  What a joke.  No one will breed to this fake rat anyway.  Never beat anyone other than Progress Pace and he was loaded to the gills with no detention barn.  Luthor better spend some money and get an advisor that can tell him what to buy and what not to buy.  Who ever he listens to is costing him a fortune.

It’s Luther not Lex Luthor of Superman fame!

Is this a ‘tax write-off for Luther?
Inquiring minds want to know.

Where does HT place this sale is his “tax portfolio “?

[Dingus]

It’s Luther not Lex Luthor of Superman fame!

Is this a ‘tax write-off for Luther?
Inquiring minds want to know.

Where does HT place this sale is his “tax portfolio “?

He wasn’t called “Black Magic” Racing for nothing.

[Miguel_Sanchez]

Can't write off on taxes when it's a hobby and not a business.  Goverment has really cracked down on the horses and tax laws.  People tried to get away with "I made a LLC" but now the IRS says "If you have had a license to own for more than 6yrs and your still losing money then it's a hobby" Just because you make a new LLC doesn't constitute it being a new business venture and you get to start over on your 6yrs.  So this IS NOT a tax write off.

[hoosierboy]

He wasn’t called “Black Magic” Racing for nothing.

Why did his stable name change

[Open bridle]

Why did his stable name change

Because his brother became part of the ownership. Instead of prior owner / trainer relationship for Black Magic .