Is It Worthwhile To Convert A Solo 401K Into Some Form Of Roth

[John Thedford]

I am curious if the tax guys here think it is worthwhile to convert a SOLO 401K into a Roth of some form? If age matters I am 61. At this time I can contribute pre-tax dollars of roughly 23K a year into the SOLO. I use my SOLO for making hard money loans. I don't hold any RE inside of the account. I know there would be penalties. Thoughts? Other external factors to be considered such as my business structure, RE investments, etc?