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bigmikes76
Returning Member

How and when do I report Roth IRA REIT losses? They have dropped dramatically in value before being transferred to a non-Reit Roth Ira.

 
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dmertz
Level 15

How and when do I report Roth IRA REIT losses? They have dropped dramatically in value before being transferred to a non-Reit Roth Ira.

You don't.  Investment losses within your Roth IRAs are not reportable; you cannot claim a deduction for the loss in value.

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2 Replies
dmertz
Level 15

How and when do I report Roth IRA REIT losses? They have dropped dramatically in value before being transferred to a non-Reit Roth Ira.

You don't.  Investment losses within your Roth IRAs are not reportable; you cannot claim a deduction for the loss in value.

bigmikes76
Returning Member

How and when do I report Roth IRA REIT losses? They have dropped dramatically in value before being transferred to a non-Reit Roth Ira.

Yeah... I was afraid of that.  Note to anyone - stay away frim private REIT investing.
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