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REDDIT

Where to generate Passive gains to offset a stockpile of unallowed Passive losses?

G
Apr 13, 2025 · 23:25

I have a few rental properties and have accumulated quite a stockpile of Passive losses that have carried forward over the years. I want to create some Passive income streams which can be offset by these losses, to avoid taxes. (I am likely retiring later this year at 58 and will begin living off my portfolio and rental income. This feels like a good way to create income while staying in a lower tax bracket while I do some Roth conversations.)

Given the market turmoil and uncertainty, any thoughts on where to turn for Passive income? Presuming the answer will be MLPs, but I'm open to other ideas.

Oil and Gas MLPs are down recently with the rest of the market, but with oil prices also down and possibly staying down if we have a recession, I am uncertain how that could impact the MLP income streams?

Thoughts on where to go for some relatively predictable MLP (or other sources) passive gains?