Hosted Network Access Point While Connected To Wi-Fi?

My Wi-Fi router is located on the other end of our house. I can connect to it with my laptop but my wife can't with her iPhone. Since I leave my laptop in our bedroom, I thought I'd try to set it up as a Wi-Fi access point, then she can connect to the internet though my laptop.

Currently I have my laptop configured as a hosted network, but the "wireless network connection 2" says I don't have internet access. When I check off the box in properties>sharing, that says "allow other network users to connect to through this computers internet connection", I lose MY wireless connection.

What am I doing wrong? Is there a write-up on this? Is what I'm trying to do impossible?

FWIW, I'm running Windows 7 on a Sony Vaio laptop with an Atheros AR9285 network adapter.


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