Will new changes which will come in force from April 2017 effect BTL owner who got just sole BTL property and has no other properties and has interest only mortgage on that property that is rented out, and is only source of income received form that property.
Could interest on mortgage be still offset-it against profit after April 2017 given scenario ??
Obviously she is living in rental property as she has rented her sole property to be able getting generous income after expenses.
Any help is appreciated !
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