1. Yes, this is a taxable transaction. You're paying taxes on the increase in basis.
2. The basis for the shares going forward will be $15,000 when you sell them.
3. Yes, since your interest in the partnership has been disposed of.
4. You are required to file 7217. You don't have to file if you receive only cash but you do have to file if you receive property or securities (or only partly cash).
5. All of your investment in the activity is at risk is correct.
@jschoomer
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