Well, okay, JulieS. You seem to have hit all the points on the issue as applied to my situation, and what you cite from the IRS doesn't seem to leave any room for applying the carryover loss against current W-2 income. I guess I'll just carryforward the loss to next year and hope for income in the LLC to apply it against.
Thank you most kindly for you expertise and your kind assistance.
Happy tax season and beyond!
Sam
