Let's see:
- $650 for the wood stove
- $1500 for the chimney pipe (Class A SS)
- $8500 for carpentry and stonework for eharth
- $100 wood stove shipping
- $700 chainsaw (Stihl MS-362CM)
- $250 for little chainsaw (MS-180)
- $1000 for 2 woodsheds
- $80 for log arch (no longer needed since I got my grapple)
- $80 for log rack in living room (wifes' birthday gift, so a two-fer)
The good news is that I'm saving $$$ on heat vs. propane. I figure I'll break even right around 32 years after I die......
Something nobody mentioned is the uneven heat in the house with a Woodburner, unless it is an outside kind running through the furnace.
I will continue to harvest a bit each year to replenish our stock of firewood, but I have no interest myself in cutting, loading, stacking and selling firewood - just don't want to deal with all that. We used to give it away to friends but it seems there is not as much demand as before, so I am letting a local high school kid take as much wood as he wants to cut and take and sell. He is a nice kid and we hire him to take care of our animals when we are gone. He wants to buy a truck and this is a way he can earn some money toward that.
Not to mention the equipment.
Factor in the depreciation on $50k+ of equipment
Mileage for delivery
Trailer tags and expenses
Cost of saws and splitters etc etc etc
On paper there is no money to be made selling firewood. Which is why many people who sell a mere 10-20 cord dont even bother uncle same with taxes.
Whats the point of saving and documenting everything, filing schedule C.....just to break even?
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I try to sell all my surplus but just mentally computing without keeping track my gas expense alone says taht what I sell is probably at a loss. .
In our town I noticed a lot of wood stacking in pallet sized cubes in the rear of the county police station. Whenever anyone needs any tree work down in town they bring cons along with their their chainsaws and commence to toppling and cutting up and splitting trees. They cut and get rid of the tree for the homeowner at no charge.
I heard they give the wood to the needy that burn wood, but may be wrong on that, they may charge a little bit. It is a fairly big operation to give the cons something to do but it seems to work.
Do the cons know what they’re doing or are they a mostly a tree in an open field type work? That’s how I get most of my firewood and several and a couple loads of saw logs, but I won’t cut standing tree.
Ahead, maybe. $20k+ in 12 years....unlikely.
How many cord of wood do you burn a year, and what is the going rate for it locally?
6-8 cords a year depending on weather. $225 a cord to dump it in the driveway. $300 per cord to have it stacked also. Then I still have to bring it in and load the stove so buying wood does not replace the whole process and can't be used as a comparator alone. Oil is a better comparator and cost about the same as having buying wood by the cord and having them stack it. So roughly, I'm ahead $2000 a year. My stove / flu paid for in Year 1. My equipment paid for from other uses and would have independent of if I burned or not. Plus I get the heath benefits (both mental and physical). As others stated, some people actually pay money to go work out!!! I'd rather go get firewood.
Another point, it would cost some people to have more expenses to sell wood. For example a pick up truck or a dump trailer. I have a pick up but I think I've only hauled fire wood in it once, and that was given to me. All my wood handling takes place with my tractor. I don't worry about denting the end load on my tractor but I would the outside of my truck, the bed, or the back glass. Also it seems like it would take handling the wood more often to sell it, pick it up and load it in your truck, then dumping and stacking it. For me personally I would have to get something like $500 a cord to make it worth my time and effort to sell it.