Quote:
Originally Posted by Paul Haese
Or you could get a loan from the bank and set up a medium sized roll off roof and host others equipment for a fee. I am working on doing something like this now too. If you do that and hire out your own equipment I am told by the accountant that purchase of equipment is then a depreciated expense. The caveat is that it is only on new equipment, not that which you already own. It can make a bit of coin and pay a bit for equipment to be bought. Only thing is you will become a real farmer. You'll need to be around quite a lot to ensure equipment is working.
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Not. A. Chance!! Good luck to you though mate - renting out equipment can be lucrative but the workload in having to keep everything humming and whinging users happy is more than I would want to deal with. Astronomy is my hobby and I want to keep it that way, esp as I head into my golden years.