Cage Selling New York Home
NICOLAS CAGE is unloading yet another multi-million dollar piece of real-estate following reports he owes $6.2 million (£4.1 million) in unpaid taxes - the actor is selling his New York home.
The 45-year-old star, whose properties in Louisiana, Rhode Island and Los Angeles have also been put on the market, is now getting rid of his Manhattan pad for a reported $9.75 million (£6.5 million).
Cage's posh Fifth Avenue address boasts three bedrooms and is a combination of two adjacent condos for a combined 3,550 square feet of living space, reports the New York Post.
Internal Revenue Service (IRS) officials filed tax lien documents against Cage, who recently sold a Malibu home and a German castle, in Orleans District Court on 14 July (09), alleging he failed to pay $6,257,005 (£4,171,340) to cover his income tax in 2007 - reportedly prompting the actor to sell off more property in a bid to recoup the cash.
It's not the actor's first run in with tax bosses - according to ABC News, he agreed to pay $660,000 (£440,000) plus interest in back taxes and penalties in September 2008, following allegations of improperly deducted personal expenses.