Lil wayne selling his miami home for a net loss

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 7 years ago '11        #101
pootysmack 4 heat pts
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 Cap Peeler said:
so what kinda economics does Wayne and some of you n*ggas be doing??

If he had the 5.4 million straight cash, then why doesn't he just make a withdrawal from his bank account and pay that amount offrip??

Instead, he has to take a $2 million loss on one of his properties to cover for that tax evasion sh*t.

Instead of losing 5.4 millions, he's gonna end up losing $7.4 mil.......

Dude is a millionaire i'm sure he has advisers... and if they're telling him to sell and take a loss in one of his properties is because he doesn't have the money straight up to pay for what he owes.
his money is probably tied up in other a.ssets such as stocks securities and other properties.
 7 years ago '10        #102
HeyCobra 7 heat pts
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 P. Dedos said:
you idiots think that because he makes alot of money you cant go broke


when you living that extravigant lifestyle things are gonna cost much more

clearly he has money issuses because if you owe uncle sam money you better pay that sh*t off and hes backed in taxes for multiple years now looks like hes not gonna be retired at 35
 P. Dedos said:

baby and slim williams are the biggest pimps in hip hop history but im not gonna knock they hustle
i believe he can go broke, he just isnt right now, he has the money its just in sh*t, so sell a house or 2 and pay it off, its not that big of a deal right now, unless theres some sh*t i dont know about or didnt read or see, saying like hes broke as sh*t and cant make payments, and people are repoing his sh*t, i believe he will be okay.

i wouldnt be surprised if he just didnt pay his taxes cause hes a moron and doesnt give a fu*k, or figured someone was handling that sh*t and someone dropped that ball, oddly enough i feel that sh*t happens alot, espcially with dudes who dont give a fu*k about money, lives on the road, and just got out of jail.

some one fu*ked up, i guess next year they will be more on the ball

edit*

he should just trimm some of that dead weight on his roster he is supporting
 04-12-2011, 09:42 AM         #103
Sam Rothstein 
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 FrankAndBeans said:
Wayne worth almost $100 million but most of his wealth is probably in investments like houses. Selling his house is basically like withdrawing money from the bank. Most people only have a small fraction of their total wealth represented as cash. Him having to sell property to make a payment doesn't necessarily mean he's broke, but most likely means he over-extended his liquid a.ssets. This happens to me all the time in Monopoly. I own half the board and all the hotels but only got $500 in my lap and I land on that one n*gga's loaded Park Place. :jay:


But I know I'ma get my sh*t back.


Anything goes when I'm playing Monopoly. I allow two people to partner up and create a conglomerate. If one person has a piece they need, then those two people can come together and run that property together however they like. But that one person still own that piece of property and gets a percentage (however you guys work it out). You can also buy them out.
 7 years ago '08        #104
Ridah 
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Everything in miami is a net loss anyways lmao...
 7 years ago '07        #105
Ham Rove 3511 heat pts3511
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wonder if that pedo sh*t made him consider selling it lol
 05-13-2011, 02:56 PM         #106
pimpin007 
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 I-NeeD-$$$ said:
homeboy i give a fu*k about wayne as much as i give a fu*k about you.. yall could both die tomorrow and it wouldnt affect me in the least bit.

aint nobody defending him in some type of aggressive manner. i just made a comment and everybody started actin like some emotional wh0ores
you being affected already, acting all mad and pissed.
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