If a loan is deemed distributed and is later offset by rolling it into another qualified plan (which I believe is permissble thanks to EGTRRA), can the participant take out a new loan to repay this rolled-over loan? If so, it seems like the "repayment" portion of the new loan would create basis in the participant's plan account (i.e., part of the pre-tax loan will create post-tax dollars in the participant's plan account). What do you think?