I entered into a 50/50 business partnership in February 2013. We formed an LLC a few months later. My business partner invested about 2/3 more money for start up costs than I did. However, I did all the administrative & IT things for the business startup. My business partner recently requested to dissolve the business after a few months when we did not have immediate success but now he wants to remain on the LLC through the end of the year and continue to sell the product we invested in on eBay. I do not want to be responsible for any further profit/loss after I walk away. Will I be able to claim the loss (financial and time setting up the business website, administrative duties) for the time I was 50/50 partner?