OZZY And SHARON OSBOURNE's Massive IRS Tax Lien
April 8, 2011, 13 years ago
According to TMZ, OZZY and SHARON OSBOURNE owe more than $1.7 million to the IRS in back taxes. The IRS filed a document last Monday with the L.A. County Recorder's Office, claiming Ozzy and Sharon owe $718,948.25 for the 2008 tax year, and $1,024,175.03 for 2009.
Sharon had a tax lien issue in 2009, when she owed $23,000 to the State of California for the 2007 tax year.
Read more at TMZ.
According to the International Business Times, the Osbournes have listed their beach house on the market for $10 million.
The 4,500-square-foot three-story oceanfront residence has five bedrooms and five bathrooms. The home features a library, office, hot tub, walk-in closets and a backyard with a view of the Pacific Ocean.
OZZY OSBOURNE and his wife Sharon purchased this brick villa style home in March of 2003 for $5.1 million, according to The Real Estalker. The house was first placed on the market in the spring of 2006 at $14 million, nearly the triple times the purchased price. Since then the home has been on and off the market several times at various prices. During these years the property was rented out at $25,000 per month in late 2008 and was listed at $40,000 per month last summer. The home now is also available for a long or short term lease at monthly rates of $40,000 and $65,000 respectively.
Note that this house is not the same house featured on the reality show The Osbournes, which was sold to Christina Aguilera in 2007 and currently listed at $13.5 million.
Check out photos of the beach house here.
