Cage's Las Vegas Home Sold25 January 2010
Cage's Las Vegas Home Sold
The actor, who has been struggling with a series of tax woes, bought the six-bedroom house for $8.5 million (£5.3 million) in 2006, but the home, which was repossessed in November (09), has been sold for $4.95 million (£3.1 million), according to TMZ.com.
Cage, who still reportedly owes millions to the U.S. government in unpaid taxes, has offloaded a number of properties, including his Bel Air mansion in Los Angeles, which he sold for a fraction of its original $35 million (£23.3 million) asking price, as well as a Bavarian castle in Germany, a house in Bath, England and two New Orleans, Louisiana properties.
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