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Updated 11 months ago, 01/29/2024

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40
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10
Votes
Sateesh Kumar
10
Votes |
40
Posts

Passive losses advantageous for Roth conversion?

Sateesh Kumar
Posted

Hello

i have a traditional 401k from old employer it has little over 100k, I would like to move it to an SDIRA or Solo 401k to make some alternative investments. I also have some passive losses for this year due to a syndication investment I made this year, can I use this passive loss to my advantage to convert my traditional 401k to a Roth Solo 401k or Roth IRA with minimal to no tax hit? Appreciate your inputs.

Thanks

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