Buying a shapeoko in 2016 & Taxes

Since I bought this thing to try and create a small income out of my garage, I was thinking of categorizing it + tooling and the bench I built as a equipment purchase and depreciating it on my taxes. Has anyone done this? Any tips?

Better check with a CPA because it would be terrible if an audit took place and you were using depreciation when it was not generating a consistent income.

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