This topic has been done to death, but I am getting a bit muddled up so would appreciate it if someone can confirm my thoughts:
A brother who owns 100% of an office that is let out passes 50% to his sister. Am I correct in saying this will not qualify for holdover relief as it is not considered a business?
Most other articles refer to residential lettings so thought there may be a small chance that being commercial property it could make a difference in terms of making it a business.
The office has been let for 30 years approx and has always been held personally, not through a company.