Mike,
This is very helpful. I figured out how to navigate TurboTax. Once I selected "the partnership ended in 202x", followed by "complete disposition", and "abandoned partner interest", it all flowed correctly in my TurboTax "test" scenario.
I believe that other investors have been arbitrary in their timing for writing off their investments in this company. I have requested an investor update, and have asked if and how I can sell or dispose my interest in the company. I will be curious what their response will be, but at least I have documentation to support my desire to get out of this investment. I would think that after 10+ years of no activity, I have sufficient justification to consider it worthless.
Mike, I really appreciate you taking so much time and provide great advice on this!!
Steve
