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Was Snipes really just asking the IRS innocent questions?
By JJ MacNab | February 12, 2008
Or does he just have a problem paying taxes?
Last week, a New Jersey newspaper reported that Snipes’ outstanding tax liens on his Alpine, NJ home in the amount of $67,108 had been sold at auction in December. If he doesn’t pay this amount off in the next two years, the new owner of the lien can foreclose on his New Jersey home.
His tax problems in California, as yet unreported in the press, are just as dire. In 2005, he defaulted on his property taxes on his Los Angeles home, and if he doesn’t pay off $171,581 in the next two years (growing at a rate of $1,841.12 per month), the County will sell his home out from under him.
He already lost one home in Windermere, FL to foreclosure in 2003 when he stopped making mortgage payments. He claimed that he’d been scammed by his financial advisors (which should sound familiar to anyone following the tax trial) and even tried to act as his own lawyer in court. In 2005, he almost lost a second home in Florida when the property was scheduled to be auctioned off to pay more than $23,000 in back taxes. This home currently has delinquent property taxes totaling $15,321.
Property taxes aren’t the only problems he has at the state level. According to public record, the following is a partial list of tax liens that have been filed against him and the companies he controls in various states:
Snipes and his company Kymberlyte grossed $17,353,983 in 2001. He couldn’t afford to pay a $362 tax bill or was he just asking questions?
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