. . .I was wanting to take relief out of the neck, so apparently I should have been loosening the truss rod to accomplish this anyway.
That is not correct. Loosening the rod will create additional relief in the neck.
Think of it like this:
The neck is built basically straight. But, when you put it under tension by putting strings on it and tightening them to pitch, the will bow the neck forward.
So, in the simplest form of explanation, the truss rod is, in effect, a heavy string inside the neck, that counter balances the tension of the strings. When you tighten the truss rod, it wants to bow the neck backward.
The idea is to find the correct balance between the two.
Although, I would not immediately assume that there is a problem with the truss bottomed out. That may be the case, but it is not that uncommon for the rod to be very snug when attempting to tighten. This is not an issue exclusive to Fender.
A very easy test is to take the tension off the nut before attempt to turn it:
Loosen the strings. If the truss nut is at the heel of the neck, sit on a bed so you can stabilize the bass between your tighs. Using the heel of one hand, apply modest pressure to the nut end of the neck so you are relieving the neck in the same way additional tension on the the truss rod would. Using the other hand, see if you can tighten the truss nut now that it is not under tension.
If so, remove the nut completely and rub it liberally on the bottom with a soft lead pencil. The graphite of the pencil will help it move under tension. You may also want to place a single washer under the nut. That will help also.
Of course, you have to completely set the bass up again. And, if you are not comfortable with the idea of "modest" pressure, that is, enough pressure to relief the neck but no so much as to snap it in two, then take the advice above and take it to a shop.