I spoke to my accountant about it and posted a few weeks back. Yes we have to declare that we used the home for a business when we sell, but ultimately it is exempt as a primary residence, unless the following conditions apply:
1) You have made structural changes to your house because of daycare(ie. finish basement/create new entrance/move walls/add new plumbing or bathroom/add a mini kitchen etc.
2)You have previously claimed the house itself as depreciation expense on tax returns
Also, your house must retain the original character it had when you moved in. Ie. it must look like a regular residence from the inside and out, not a preschool or licensed daycare.
That's what I've been told so far, and for me it's a non-issue, as I use my extra living /dining area for the play area, with no structural changes to the house.
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