🧰 Rent out equipment you own
Camera kit, tools, a trailer, camping gear or event equipment rented by the day.
Modelled monthly, once steady
€20 – €100
Capital
from €0 (typical €500)
Your time
6h to set up, ~6h a month
Time to income
first ~1 mo · steady ~3 mo
The assumptions behind that range
- Rental income of roughly 2–8% of the equipment’s value a month, depending on demand and how many days it goes out.
- Minus wear, repairs and insurance.
A model, not a promise. Your result can be lower, including zero.
First three steps
- List what you own that people rent
- Check insurance
- Price per day from local hire shops, a little below
Before you start
- Insurance that covers hiring out; a deposit and a written hire agreement.
Risks
- Damage and non-return.
- Seasonal demand.
Irish tax
Declaring side income as a PAYE worker (2026). Side income is taxable from the first euro. If your net non-PAYE income is under €5,000 (and gross under €30,000) you can declare it on Form 12 through myAccount. At €5,000 net or more you are a “chargeable person” and must register for self-assessment and file Form 11 by 31 October. Source · reviewed 2026-09-25
Business expenses (2026). Costs incurred “wholly and exclusively” for the side business (tools, software, platform fees, a share of home costs) are deductible from the income before tax. Keep receipts for six years. Source · reviewed 2026-09-25