People routinely sell personal items at a loss. You can't claim a loss on the sale of personal items, but you do have to report gains, if you ever have any.
Here is how to report them in TurboTax:
In the search box, type in 'stock'
Select jump to stock
You will see a screen that says 'Did you sell stocks, mutual funds, bonds, or other investments in 2019?' say yes
The next screen says OK, what type of investments did you sell? select Other (land, second homes, personal items)
Then Name of brokerage use PayPal
What type of investment did you sell?, Personal items
How did you receive this investment?, I purchased it
You can select 'various' for the date purchased, and use the last sale date for the date sold
Enter $700 for the proceeds, and an equal amount for the amount paid.
You will show no gain or loss from the transaction, but the sale will appear on your return
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