Carries out personal property (7)
I believe the answer is:
effects
I believe this is a double definition.
'carries out' is the first definition.
('effect' can be a synonym of 'carry out')
'personal property' is the second definition.
(I know that effects is a type of personal property)
(Other definitions for effects that I've seen before include "paraphernalia" , "left by the dead" , "forces" , "Impressions produced, or property" , "one's luggage" .)