I think you're confusing applies with ketchup here. 🙂 There is no $250K "limit" on business loss. I get the impression you're referring to the sale of one's primary residence where if certain specific conditions are met you can exclude up to $250K of the gain ($500K if MFJ) from taxation. Can you elaborate more please on exactly what you're talking about, so we don't waste time providing information that does not apply to your specific needs?
