Kanye West is reportedly over $1 million in property and enterprise tax debt.
Ye Owes Seven-Figures for Tax Debt
On Wednesday (Jan. 3), DailyMail shared an unique report stating that Kanye West has didn’t pay taxes on two of his Calabasas, Calif. mansions. There are additionally 4 liens in opposition to his firm Yeezy Attire, LLC. In line with the report, Ye owes three years price of taxes on the corporate totaling $934,033.56. He additionally reportedly owes $101,093 in property taxes on two Calabasas properties he owned with ex-wife Kim Kardashian.
The information of Ye’s huge tax debt comes on the heels of reports that he’s promoting his Malibu, Calif. mansion for $53 million. Properly, what’s left of it. Ye completely gutted the beachside abode, eradicating all home windows and electrical energy after he purchased the house for $57 million. Ye can also be being sued by the house’s former property supervisor who claims he was solely paid for sooner or later of labor throughout the rebuild and needed to sleep on the ground.
XXL has reached out to Kanye West’s group for remark.
Learn Extra: Ty Dolla $ign Will get Tattoo to Tribute His New Vultures Album With Kanye West
Kanye West Readies New Album
Ye’s newest cash points come as he’s prepping the discharge of his new Vultures album with Ty Dolla $ign. The album has been pushed again a number of occasions, with the newest launch date given being Jan. 12. Nevertheless, it’s now unclear if the joint album will come out on that date both.
