I Have A Big Tree In My Front Yard Directly In Line With My Front Door. Is This Good Or Bad Feng Shui?

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The quick answer is that you don't want anything blocking your front door so that you're able to take advantage of chi circulating through your home so that you will be able to receive abundance, health and opportunities. This is very important for a business as well. Many times there may a tree, pillar or other obstruction in front of the door and I usually recommend moving or attempting to lessen the obstruction.

One example of purposely placing an object in the line of fire can be seen at Trump International on Columbus Circle in New York City.  

With that said, there are certain situations where it may be good to have an obstruction in front of your door or space and that would be if a road or fast moving body of water were pointing directly at your front door. In this case, you would want to have something to deflect that merciless chi from impacting your structure.