@sjrcpa I think "they split the amount by 4 members" means family members, but who knows?  And it sounds like distributions were made if there was a split.  Bottom line is that there is a capital loss on the sale of the property, which should flow through to the beneficiaries on the final return.  Let's not get into choice of fiscal year, the real issue is choice of someone competent to do the 1041.  

How did they figure out what to ask for the selling price?  "Appraisal" means what you want it to mean.