Las Vegas Real Estate: Nicholas Cage

Hats off to my husband for letting me report this one!

The Las Vegas Sun has reported today that Nicholas Cage's (the best looking actor in Hollywood, according to me), (shh don't tell my husband..lol) home here in the Las Vegas Valley has been foreclosed and sold while being on the market for only one day. Apparently this luxurious six bedroom, 14,300 square foot home went into foreclosure in early December. Apparently the star owes more than $6.6 million to the IRS for back taxes, dating back as early as 2002.

He has actually lost 4 homes total. He lost 2 homes in New Orleans , one here in Las Vegas and one in California.

Mr. Cage told People Magazine that during his career he has paid at least $70 million in taxes. He also said he has a legal situation going on. He is my favorite actor in Hollywood. And this is sad that he is losing his homes, but how many do you actually need to live in!

Anyway, this Las Vegas house sold for $4.95 million after being only one day on the market. Wow! However that is $3.5 million less that what Mr. Cage paid for it in 2006. In case you're wondering and I know you are, this luxurious home is located on Spanish Heights Drive near Tropicana and Durango.

The best thing going for this house is the pool and jacuzzi. Of course I love pools so I am always partial to them! Another feature this luxurious home has going for it is the elevator. Hats off to the person who thought of that for the disabled!

It sounds like the IRS is dogging Mr. Cage. Of course the more money you make the more attractive you become to the IRS. They don't care about people but they sure will take everything you have.

Good luck to Nicholas Cage during this unfortunate time in his life! He has at least one fan who is pulling for him!