I have a house, and a BTL.
We have 18 months ish before it comes into effect, by then it may be clearer on how to avoid the increases.
The rental income we receive is somewhere £5400 a year, therefore not a huge amount. It clears about £600-800 a year profit after all deductions.
Reading through the increases, it seems that we may be best selling up... what this will mean is that as of 2017, more BTL houses are being dumped on the market, forcing house prices down..
Or...i could keep the property empty, but i would be liable for council tax at 100%.
Someone...did say that if i turned it into a property business, this is not applicable..