Rudy Giuliani hit with $500K IRS tax lien in Florida
More legal and financial problems for Rudolph Giuliani.
The IRS has placed a lien on a lakeside condominium in Palm Beach, Florida, owned by Giuliani, the former mayor of New York City and former lawyer for Donald J. Trump, the New York Times reported.
The lien was filed due to Giuliani’s outstanding income tax debt of approximately $550,000. This property is situated just three miles from Mar-a-Lago, the private club and residence of former President Trump.
Giuliani and his ex-wife attempted to sell the condominium for $3.3 million in 2019 but were unsuccessful in finding a buyer. The existence of the IRS court filing came to light through a report by The Daily Mail. Giuliani’s adviser, Ted Goodman, stated that Giuliani has a formal agreement with the IRS to address his tax debt.
Giuliani faces multiple legal battles and mounting legal expenses related to his efforts to support Trump’s bid to remain in office after the 2020 election. Among his legal challenges is a racketeering charge in Georgia for his role in that endeavor, as well as a defamation case brought against him by two election workers in the state.
Giuliani’s financial struggles became public knowledge when he listed his co-op at 45 East 66th Street for $6.5 million, Business Insider reported. The listing popped up on the market towards the end of July and comes with a complicated history, especially in recent years.
Sotheby’s International Realty’s Serena Boardman has the listing.
Giuliani purchased the 10th-floor apartment for $4.8 million in 2002. The unit had enormous entertainment potential and it has entertained everything from podcast recordings to federal law enforcement agents when It was raided in 2021 by the FBI during its probe into Giuliani’s activities in Ukraine.
A year after the purchase, Giuliani married Judith Nelson on the lawn of Gracie Mansion.
Giulian’s lawyer, Adam Katz, acknowledged that Giuliani was facing financial difficulties, and at one point in August, Giuliani owed nearly $3 million in legal fees.
Additionally, he is being sued by Robert J. Costello, a former associate, for unpaid legal fees, and he recently faced a lawsuit from Hunter Biden for his role in disseminating personal information about Mr. Biden.
Giuliani has reportedly sought financial assistance from Donald Trump, believing he is owed millions of dollars for his efforts to support Trump’s election campaign. In response to these requests, Trump hosted a high-priced fundraiser at his Bedminster, New Jersey club to aid Giuliani and provide him with a financial lifeline.
— Ted Glanzer
