Sorry, I forgot to follow up and ask if anyone knows if NC has a limit on the loss you can deduct (or if that matters in my scenario)?
https://www.irs.gov/taxtopics/tc409
I know this is federal, and federal taxes capital gains separately but I'm assuming there's no "limit" on losses for the state because the income would simply be whatever the gains are minus the losses = income to be taxed?
