  Chvyracn24 Member Username: Chvyracn24 Post Number: 1 Registered: 03-2008 |
DETROIT - Aretha Franklin could lose her home to tax collectors. The singer says an attorney's mistake caused her $700,000 mansion in Detroit to slip into foreclosure over $445 in 2005 taxes and late fees. ADVERTISEMENT The Detroit Free Press reports Thursday the Queen of Soul owes a total of $19,192 in back taxes on the property through 2007. She says she plans to pay up and reclaim it by a March 31 deadline. A spokesman for the Wayne County treasurer's office says the foreclosure judgment for $445 was entered earlier this month. Records show Franklin owes $18,746 in back taxes and fees for the 2006 and 2007 tax years, but foreclosure proceedings on those debts wouldn't begin until next year. Franklin's slate-roofed brick mansion was built in 1927. | ||
Ocmobilexec Member Username: Ocmobilexec Post Number: 19 Registered: 12-2007 |
Maybe Miss Ross can help ReRe out with a few bux$? | ||
Steve Member Username: Steve Post Number: 195 Registered: 02-2006 |
Where is the mansion located? | ||
East_detroit Member Username: East_detroit Post Number: 1559 Registered: 11-2003 |
Foreclosure because of $445? That's insane. Nevermind her, but imagine some elderly couple who paid off their house and are now paying thru the nose for healthcare and the rising cost of food etc and could lose their house for $500. Maybe thats why people move to places without property taxes. | ||
Gnome Member Username: Gnome Post Number: 910 Registered: 08-2007 |
I tink her mansion is on Cambridge but I don't believe she lives there. She has lived in Bloomfield Hills for a couple of decades. Every so offen a story about one of her Detroit properties going into foreclosure or are falling apart. | ||
Catman_dude Member Username: Catman_dude Post Number: 278 Registered: 03-2006 |
EastDet, where are the places without property taxes? | ||
Danny Member Username: Danny Post Number: 7182 Registered: 02-2004 |
So much for R.E.S.P.E.C.T. | ||
56packman Member Username: 56packman Post Number: 2099 Registered: 12-2005 |
The Queen of soul has a long history of non-payment. TRW and other credit rating companies apparently don't care if you are a living legend, they care that you pay your bills on time. | ||
Wash_man Member Username: Wash_man Post Number: 677 Registered: 05-2006 |
"The slate-roofed brick mansion on Hamilton Road just south of 7 Mile Road boasts leaded glass windows, a three-car garage and a backyard that abuts the north course of the Detroit Golf Club. Assessment records list the market value at $712,000." http://www.freep.com/apps/pbcs .dll/article?AID=/20080313/NEW S01/803130364/&imw=Y | ||
One_shot Member Username: One_shot Post Number: 362 Registered: 11-2003 |
Maybe we should have a fund raiser to help pay up her taxes! Cracks me up when people with so much money fall on bad times and they turn to the public to help them out. Where are they when I need help? | ||
East_detroit Member Username: East_detroit Post Number: 1563 Registered: 11-2003 |
Catman, isn't that part of the reason that celebs like Madonna move to the UK? | ||
Wash_man Member Username: Wash_man Post Number: 678 Registered: 05-2006 |
"Maybe we should have a fund raiser to help pay up her taxes! Cracks me up when people with so much money fall on bad times and they turn to the public to help them out. Where are they when I need help?" Where did anyone say she asked for help? She said it was an oversight by her attorney and will have the full amount paid by the deadline. | ||
Club_boss Member Username: Club_boss Post Number: 330 Registered: 12-2006 |
“The Detroit Free Press reports Thursday the Queen of Soul owes a total of $19,192 in back taxes on the property through 2007.” That really isn’t that much money. She takes in more than that for one night’s (2 hours) work. | ||
Johnlodge Member Username: Johnlodge Post Number: 5621 Registered: 10-2003 |
Not the first of the Queen's suspicious housing issues. Some may remember this a few years back: http://music.yahoo.com/read/ne ws/12063492 | ||
Iheartthed Member Username: Iheartthed Post Number: 2843 Registered: 04-2006 |
^I believe her son was the arsonist in that case JL. Around that same time I believe one of her other houses slipped into foreclosure as well. Apparently, it's more a case of her having really shitty bookkeeping rather than being broke. Although, how can you keep money like that if your bookkeeping is so poorly kept? | ||
Smogboy Member Username: Smogboy Post Number: 7284 Registered: 11-2004 |
What? No snarky comments about how she might have "outgrown" the house? Realistically though, there are a lot of regular folks out there losing their homes due to foreclosures and it is a tragedy. As far as I'm concerned, Aretha's no different. | ||
Dannyv Member Username: Dannyv Post Number: 123 Registered: 08-2007 |
I recall a story in the Free Press from about 10 years ago that revealed the last place you wanted Aretha's autograph on was a check she used to pay you for work done. http://www.youtube.com/watch?v =3_iQZiVD_zA&feature=related | ||
Gistok Member Username: Gistok Post Number: 6481 Registered: 08-2004 |
East_Detroit, Madonna moved to the UK because her husband is from there. Taxes in the UK and Europe in general are higher than Detroit. Death Duty (Estate Taxes) in the UK in the past have been extremely high. That's why most of the stately mansions, manors, and castles in the UK have been given to the UK's National Trust since the 1930's (with the owners and their descendants having the perpetual right to still live in parts of the structures/estates). Death duty has been a killer for the landed gentry in the UK for much of the 20th Century. Perhaps that has changed in the time since Margaret Thatcher. (Message edited by Gistok on March 14, 2008) | ||
The_rock Member Username: The_rock Post Number: 2181 Registered: 11-2003 |
Aretha blames "her lawyer" for her tax troubles. I wonder how much she also owes him? | ||
Gistok Member Username: Gistok Post Number: 6488 Registered: 08-2004 |
quote: Smogboy... I cannot believe you said this.... When regular folks lose their house they have to struggle to find somewhere else to live... when Aretha loses a house... she just has to deal with the inconvenience to move into one of her other houses. That's a BIG DIFFERENCE! (Message edited by Gistok on March 15, 2008) |
