The $135,820 is your net sale proceeds. FMV is the value at the time of your dad's death. If FMV at date of death was $150,000 then you do have a loss. It is recorded as a sale but the personal loss is not taken. It's recorded as a zero loss.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
