Hi, I am opening up a Dayhome in the new year, February 2016 and I live in Alberta and I just got my basement finished to use for my main room of the Dayhome and I already bought most of the toys and furniture I will use for my Dayhome but what I'm wondering is will I even be able to write any of the huge amount of money I have used already seeing I'm not even opening it till the new year. So I'm just wondering if anyone knows if I will be able to write it off for this upcoming tax year. I sure hope so because I have spent a lot of money setting up my basement. I have children so wanted them to be able to use the basement and I babysit my friends son on weekends so wanted the basement for that use as well.
Thanks for any help anyone can give me on this.
Allison