Celebrity Homes For Sale

Does Sinbad own his home? The comedian born David Adkins recently filed for bankruptcy after the IRS filed $8.15 million in tax liens.  Sinbad has been fighting with the IRS for years but now they are getting serious about getting their money.  His luxury home in the celebrity-friendly enclave of Hidden Hills in Los Angeles County is reportedly owned by his brother, Michael Adkins. But court documents seeking seizure of the house allege that the arrangement is a sham pointing out that Michael Adkins works for his brother’s production company and that the expenses for the property including mortgage payments were paid from the production company account.

The home has hit the market for $3 million. The home was bought in 2007 for $1.5 million. The five-bedroom home sits on 2.4 acres that include a guest house, recording studio, pool and a barn. Listing pictures show a home with plenty of space.

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This entry was posted on Thursday, August 12th, 2010 at 2:10 pm and is filed under Latest news. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.