King Karim
All Star
This is a Coli exclusive, nobody knows this yet or has reported this yet, and Slim and CMR are doing everything in their powers to resolve this before it leaks to the public (too late )
Slim hasn't paid ANY property taxes since 2013, and Broward County Florida has taken action, and are prepared to sell the tax certificate on the property, and then auction it off to the highest bidder in April 2019. The tricky part here is that Slim MUST pay his overdue taxes in full before May 25th, 2017 or he will lose his house which BTW is the biggest house in all of South Florida
He is now so far behind on his taxes that the county will not accept any partial payments from him, he must pay the entire balance which is $389,000. Slim obviously doesn't have that much liquid cash at his disposal at the moment, and he has been reaching out and trying to work with his brother Baby to clear the debt and save his home
Baby does not have that much cash at the time either, or at least not enough where he can offer a loan to help his brother which is why and how the Lil Wayne fiasco all started, b/c neither brother can give Wayne the 10million dollar advance he would be owed by releasing Carter 5, ironically the Wayne vs Cash Money beef really started brewing around the time Slim last was able to pay the taxes on his properties which was when CMR was really rolling in dough.
Which is exactly why Baby and CMR are not responding to this public spat with Wayne or really engaging Ross b/c they know if people dig deep enough that CMR would be EXPOSED
https://www.broward.county-taxes.com/public/real_estate/parcels/504019-03-0010/bills/9966890
Slim hasn't paid ANY property taxes since 2013, and Broward County Florida has taken action, and are prepared to sell the tax certificate on the property, and then auction it off to the highest bidder in April 2019. The tricky part here is that Slim MUST pay his overdue taxes in full before May 25th, 2017 or he will lose his house which BTW is the biggest house in all of South Florida
He is now so far behind on his taxes that the county will not accept any partial payments from him, he must pay the entire balance which is $389,000. Slim obviously doesn't have that much liquid cash at his disposal at the moment, and he has been reaching out and trying to work with his brother Baby to clear the debt and save his home
Baby does not have that much cash at the time either, or at least not enough where he can offer a loan to help his brother which is why and how the Lil Wayne fiasco all started, b/c neither brother can give Wayne the 10million dollar advance he would be owed by releasing Carter 5, ironically the Wayne vs Cash Money beef really started brewing around the time Slim last was able to pay the taxes on his properties which was when CMR was really rolling in dough.
Which is exactly why Baby and CMR are not responding to this public spat with Wayne or really engaging Ross b/c they know if people dig deep enough that CMR would be EXPOSED
https://www.broward.county-taxes.com/public/real_estate/parcels/504019-03-0010/bills/9966890