I hate to get personal and even say this but However, some underwriter may also consider the possibility of alimony/child support payments that may reduce your income.

You can't go after their Public assistance payments, Health and disability insurance payments, Worker's compensation, social security, veterans and unemployment benefits.As for Tax Refunds I believe in Connecticut you can only do that for Child Support and even that its a jump through hoops for getting on that.

Hello everyone, I have a rental property occupied by a tenant and child.

Trying to deduct your own time on your rental is like those parents who view their weekend with their own child as babysitting.

I no longer have to commute during rush hour.I have the freedom to spend lots of time with my wife and child/children.

My wife & I have been thinking about adding to our family and when that time comes we will have no room for a second child.

The W2 income is high through marriage; it is two W2s and a child deduction.  

So my child would not be moving into my property.

My youngest child had a heart transplant as an infant. 

@Aaron Bonne great question as I am starting out, trying to prioritize goals with a new born and the desire to retire with a certain goal in mind, have my kid(s) attend college, and have the ability to retire earlier than 65. 1000k/month to max out Ira 600/ month on top of Ira to meet retirement min. 600/month for college savings PER CHILD (hopefully max at 2 haha) 1500/month to pay my current mortgageNot sure my wife and I would quit our jobs at this point.