Giuliani's Florida condo placed under IRS lien as ex-NYC mayor owes nearly $550K in taxes

[BumRushDaShow]

Source: CNN Politics

Updated 9:23 AM EDT, Fri October 6, 2023


CNN — A property owned by Rudy Giuliani in Palm Beach, Florida, has been placed under a federal tax lien by the Internal Revenue Service as he owes more than a half-million dollars in unpaid income taxes, according to a court filing.

The tax lien for $549,435.26, which was recorded in Palm Beach County on September 1, is the latest sign of Giuliani’s financial struggles as he faces millions of dollars in legal bills amid a number of lawsuits and criminal charges. The former New York City mayor has publicly mentioned in court his struggle to pay for mounting legal fees and adverse court decisions, while even more are expected to pile up in the future.

The tax lien’s existence was first reported by The Daily Mail. Property records reveal Giuliani and then-wife Judith Nathan purchased the three-bedroom unit in the Southlake Condominium complex in 2010 for $1.4 million, and Giuliani assumed sole ownership in 2020, following their divorce.

The multiple listing service shows the Giulianis listed their condo for sale in June 2019 for $3.3 million, dropping the price to $3 million a month later before removing it from the market in 2020. Records from the Palm Beach County Property Appraiser assess the property to have a current market value of $3,070,000. In response to the report of the lien, Giuliani political adviser Ted Goodman told CNN, “Mayor Giuliani, through his accountant, has a formal agreement with the IRS to pay off the liability.”

Read more: https://www.cnn.com/2023/10/06/politics/rudy-giuliani-condo-irs-lien/index.html

[SouthernDem4ever]

1. What is the date and time of the auction

and do I have to have cash?

[peppertree]

9. Problem is - you'd have to compete with an assortment of greasy (but deep-pocketed) lowlifes

Including any number of narcos, crooks, fronts, tax cheats, and other such miscreants.

I know someone who once participated in a similar auction; it was a like a casting call for a Scarface remake.

[Backseat Driver]

2. Curious - bet he's got a lot of "formal agreements" nowadays!

But others more like informal ones filled with fealty...I really think he sniffed too much 9/11 fumes and self-medicated too much via the "bottle" that led to "doing his own research" and associations to grifting criminals. That's the nicest defense I can come up with...

I'm really trying and stretching it to be a compassionate person and still practice gratitude for survival in these chaotic days and my life that remains because, by so little means (a vote?), I'm surely not and likely never was in any position to control from the backseat.

[republianmushroom]

3. Thank you, IRS.

[brush]

4. Damn. Giuliani is in deep, flat broke doo-doo.

All over not knowing years and years ago to cut ties with trump.

[Bernardo de La Paz]

5. Duplicate of your own LBN post

https://www.democraticunderground.com/10143140279

[BumRushDaShow]

12. The property lien wasn't mentioned in the earlier article.

[Bernardo de La Paz]

13. It is. First sentence. . . nt

[BumRushDaShow]

14. Thank you

I'll self-delete that one (that was "published" last night) and leave this one!

[Torchlight]

6. Patience has its own rewards, this summer's trials being one of them.

coworkers of mine had been screaming for results since this whole thing began, and pointed to thier vacuum of knowledge as proof the whole system is broken.

But, they're fair-weather critics, and after the storm clouds broke last month, they pretty much stay quiet, looking for other excuses to pretend They Know Better and It's All Broken.

Poor saps.

[Pas-de-Calais]

7. How can anyone owe 550k in taxes on a home of any kind?

[Evolve Dammit]

8. Scofflaw?

[PSPS]

10. It's for his income tax evasion. They lien his assets, one of which is his house.

[PortTack]

11. Waiting for the day when headline has trump instead of ghoullioni!

L