Paul Manafort faces losing his luxury $1.5 million Palm Beach-area mansion after failing to pay last year’s property taxes, DailyMail.com can disclose.
The 70-year-old failed to pay $14,068 in property taxes for 2018, including $4,885 for schools, $4,023 for police and fire protection, $210 for clean water and $423 for libraries, according to Florida records.
President Donald Trump‘s former campaign chairman faces another huge property tax bill for 2019, which will jack up his total balance owed to $34,200.
Manafort is currently serving a seven-and-a-half year prison sentence for hiding millions of dollars in fees for lobbying in Ukraine, witness tampering, and income tax and bank fraud.
The firm can make money off the debt’s interests and can sell the tax lien back to the Manaforts if they were to try to stave off foreclosure.
Democrat Palm Beach County Tax Collector Anne Gannon told DailyMail.com that a homeowner who doesn’t pay property taxes for three years in a row ends up in a heap of trouble.
‘It’s a long, involved process,’ she said, ‘but someone who doesn’t pay property taxes for three straight years could see his property sold in an auction.’
Daily Mail, excerpt posted on SouthFloridaReporter.com, Dec. 17, 2019[/vc_message]
Disclaimer
The information contained in South Florida Reporter is for general information purposes only.
The South Florida Reporter assumes no responsibility for errors or omissions in the contents of the Service.
In no event shall the South Florida Reporter be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Service or the contents of the Service. The Company reserves the right to make additions, deletions, or modifications to the contents of the Service at any time without prior notice.
The Company does not warrant that the Service is free of viruses or other harmful components