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Broke! Nicolas Cage Dumping Homes, Owes The Government MILLIONS!

| Filed under: Legal MattersNicolas Cage

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Now we know why Nicolas Cage is unloading his Hollywood home on the cheap! As well as recently having sold some big properties he owned around the world.

Nic owes the IRS some major $$$$$$$!!!

The IRS filed a lien against the Leaving Las Vegas star for the amount of $6,257,005 due to unpaid federal income taxes!

Damn!

Cage failed to pay the 2007 federal income tax on his $3.55 million "haunted" mansion in New Orleans, which is now for sale - as well as his $35 million Hollywood mansion, which Nic is selling for a meager $17.5 million.

Time to pay up!

[Image via WENN.]

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32 comments to “Broke! Nicolas Cage Dumping Homes, Owes The Government MILLIONS!”



  1. 1

    there are no comments ???…



  2. 2

    Why does he have so many houses anyway? Storage space or what? 1 fucking house is enough.



  3. 3

    he should change his appearance with hair plugs so the irs dosen't reconize him!!



  4. 4

    wow…….with a history of unpaid taxes he is a good candidate for the current administration…….he'd fit right in with tax cheat tim geithner, sebelius, and daschle to name JUST a few.



  5. 5

    holy shit



  6. 6

    Wait, could you recheck this? You don't pay federal income tax on property you own. You pay property taxes or you pay federal income taxes when you sell at a profit. He may well owe the IRS back income taxes and/or owe back property taxes, but he can't owe income taxes on property he hasn't sold yet.

    I know you're on vacation, but maybe you could get some more accurate deets on this and let us know? Thanks.



  7. 7

    WOW all that money and u foeget to pay ur taxes, and now u know hi gonnna own way more cause of late fess or whatever….



  8. 8

    Re: missrebecca – #6 good investigative work! Perez your fired!!!!



  9. 9

    how
    doez
    thiz happen////
    wtf iz he an
    idiot?>?



  10. 10

    #7 yeah! I was thinking the same thing…



  11. 11

    Don't people learn from history? The IRS WILL find out!!!



  12. 12

    okay we must be playing the "how many heebs can i fit on one page" game today, fcuk this jew mother fcuker, I hope he starves.



  13. 13

    doesnt he have business management peeps? he has been in a shitload of hit movies…he ought to floating in cash



  14. 14

    Re: missrebecca – I wonder sometimes if Mario can read or if he does this on purpose to get more posts. This is from not the current return, but the one before and he does owe the money. Probably just an under estimation of what his taxes were going to be. It seems he invests his money in the real estate market. unfortunately, the market dropped out, selling is hard and he is taking a loss. As for the mansion in New Orleans, he DOES NOT owe taxes on that, the IRS has taken a lien on it, meaning that the IRS owns $6,257005 of it. Now, if Cage sells other property at a loss, it will affect his taxes for this year-possibly-backing it to the 2007 lien-need a tax lawyer for that-to lower the amt. owed. Cage is constantly working, he is not broke. maybe a little cash broke, but not broke. He probably has the cash,but wants to work with the property, for all we know. He might just want to unload some of the properties since alot will go for loses now.



  15. 15

    HE'S A GREAT ACTOR
    *
    ONE MORE MOVIE AND
    *
    EVERYTHING WILL BE FINE!!!



  16. 16

    Re: hateliars

    #14, thank you for pointing this out. It bugs me when he makes misleading posts about legal issues.



  17. 17

    LMAO I just about died lookin at this pic



  18. 18

    Was cage an Obama supporter like Geithner, Daschle and all the rest of the tax cheats? If Barack can collect this chump change from Cage, he only needs another $1.999 Trillion to plug the federal deficit.



  19. 19

    aren't most of the stars owing something? Get on the fricken payment plans



  20. 20

    Haha u so funny with ur drawing!!!



  21. 21

    Hmm…maybe he'll pull a "It Could Happen to You" and all his fans will send him the money to pay his debts. No really, I feel kind of bad because I do like him as an actor. National Treasure 3, anyone?



  22. 22

    DAMN!



  23. 23

    How can this prick be broke. He must pull in 10-15 Million per movie. At least. 6 Million in taxes should be pennies to this guy.



  24. 24

    Re: Paris France – #22 double damn!

  25. @v@ says – reply to this


    25

    6 million is peanuts compared to some of the figures being thrown around for all of the homes the man owes. I feel for him, but I can't quite reach him. Is part of that 6 mill federal fines for not paying? If you or I did it, wouldn't we be in the hooskow? I guess they don't incarcerate the golden geese. I like Cage, but what's with the tax procrastination? It sounds like some folks decide they'll make more in the long run on property appreciation than the sum total of the fines, if they even levy any. If you don't want people to do it, close the loopholes.



  26. 26

    It is so heartbreaking when rich people have problems. It just ain't right.



  27. 27

    No one needs to judge Nicolas Cage, Michael Madsen or Stephen Baldwin for living above their means when most of the USA was doing the same; and that includes our fucking government which continues to live above it's means.



  28. 28

    poor guy,,, hope he's ok,, he'll have to do 5 movies this yr instead of 4



  29. 29

    Don't these people spend money on reliable managers and accountants…



  30. 30

    He's waiting for a "bail-out"!



  31. 31

    why would anyone be so selfish and greedy???… it is truly disgusting. then to have the nerve not to pay the government while blue collar ppl are paying their taxes and living in a small apartment.



  32. 32

    oopisie!