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Showing results for Search instead for Did you mean:I am working on a 1041 estate tax return where the trustee hired a company to do an estate sale and sell all of the personal property of the deceased (i.e. clothing, furniture, appliances, etc.). The estate sale company charged a fee equal to 35% of the sales proceeds. I assume the income from the sale of the personal property should be reported on schedule D with the basis being roughly the FMV of the items sold. However, if I do this I end up with a loss on the sale approximately equal to the fee charged by the estate sale company. Since this is the sale of personal property how do I record it in ProSeries so the loss does not end up as a deductible loss on K-1 and to the beneficiary?