I am going to assume you inherited the property in the trust and are filing the business return to generate the k-1 forms. Otherwise, you would have asked where to enter your k-1.
You will enter the house as a capital gain/ loss. Your basis will be the value of the house when the deceased passed. Your sales prices is price sold. Selling expenses will be any commissions paid. You could have a loss if you sold fairly quickly.
If you are not the administrator of the trust, contact them for the paperwork.
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