More tax troubles for Snipes

Geez, this guy’s becoming the tax collection poster child.

Both Newsday and the New York Post report that a $70,000 tax lien on one of Wesley Snipes’ properties in suburban New Jersey was sold at auction.

Snipes has two years to pay back the purchasing company, Crusader Lien Services of Jenkintown, Pa., or the firm can
initiate foreclosure proceedings.

The home is described as a sprawling, $8 million estate in Alpine, N.J. But don’t worry about Snipes sleeping on the street. Apparently he has other accommodations since it’s no longer his personal residence.

According to real estate records, the "Blade" actor sold it for $5.6 million in 2002 to his Nevada-based production company, Kymberlyte Production Services.

According to news reports, Bergen County court records show that Kymberlyte paid $46,722 in 2006 property taxes, but didn’t pay $17,969 in interest and penalties. The Bergen Record newspaper reported that the company also
failed to pay $49,139 in 2007 taxes.

Looks like Snipes’ attorneys and accountants will be adding to their billable hours.

This state property tax issue comes on the heels of Snipes’ conviction last week (blogged here) of three counts of not filing federal income tax returns. He is awaiting sentencing on the IRS charges.