Bishop v. Comr., T.C. Memo. 2013-98

(case involves deductibility of business bad debt; petitioner established existence of bona fide debt, but unable to establish worthlessness in 2006 absent testimony from disinterested party or other supportive evidence; court believed petitioner's testimony of poor state of real estate market caused petitioner's business to struggle, but court unable to measure decline based on evidence presented; debt not worthless for year in issue).