In the next 5 years we will probably be upgrading to a larger house to make room for some more children.

Hard costs of furniture, fixtures, equipment, as well as soft costs of legal fees, permits, license fees and filing fees to establish the business will be capitalized.

Zoning will allow only for a "Daycare Facility in a Residence," which means the daycare operator must 'live' in the property and can have up to 12 children (versus 50 I think if the property is zoned commercial).  

This persons parents were both deceased, has no brothers or sisters and has no children.

Congratulations on the new baby, I have 5 children myself.

Almost all his savings were wiped out.This included money for his family, two schoolgoing children and holiday plans.Mr Kenneth Ng, 43, never imagined himself to be a real estate investor, but after listening to a speaker at a property seminar, he invested almost all of his $80,000 savings.The supply chain executive, who earns $8,000 a month, bought a "fixer-upper" in the US city of Memphis for US$55,000 (S$74,500).A fixer-upper is real estate slang for a property that needs maintenance work, such as redecoration, reconstruction or redesign, before it can be lived in.That was in 2013.Mr Ng never got the promised returns.The property guru who made the sales pitch?

In reality, there is much more involved with the tax brackets, other deductions, exemptions, children, etc. 

Until having children, veterinary medicine really maximized my time.

I know it is something that is already been done over and over and is not new because as the old children's book goes there is nothing new under the sun.

Would you want to be schlepping your furniture in 4 foot of snow with another storm coming.