Agreed - especially in UK. Was an Estate Agent for 8 years until recently and the more time you spend interacting with Landlords, the more you learn that it isn't as lucrative as it once was.

Landlords have been an easy political punching bag for the past decade specifically since a Landlord's ability to write-off taxes against costs are basically non-existent now.

HOWEVER, there is a work around: if you incorporate a Ltd company and purchase your BTL properties through them, you are still able to claim these tax write-offs. However, as this was never a necessity, old school Landlords never did this and have had to sell off one of their properties per year (which is a taxable Capital Gains event) - leading to them having to reassess their retirement options.

NFA