<p>No unfortunately the liquidity of an asset is not relevant. Even you, yourself, will factor into the value of the limited partnership if you are active in the business. There are different formulas for valuing a business depending on the business/product/industry. You can do a google search or contact someone who specializes in selling small business or finances small businesses and ask to get a valuation on both the LLC and the limited partnership if this hasn’t been done on a regular basis. Keep any e-mails, etc. in your file as back-up in case you need to back-up your FAFSA or Profile.</p>