Uh oh, is another hip-hop star in financial trouble?
According to the Detroit News, west coast hip-hop vet Xzibit is feeling the economic crunch, and is debt to the IRS for nearly $1 million in back taxes.
The paper says a lien was filed against the rapper (real name: Alvin Joiner), one of four filed in recent years.
Apparently, his tax problems began in 2009, following the cancellation of long-running MTV show, "Pimp My Ride," where he played host ... and the foreclosure of his Woodland Hills home.
It's unclear, however, if X was just letting his home go, purposely, like many home owners these days because of the declining value in their properties.
X reportedly attempted to file for bankruptcy twice since 2009, but both were dismissed for various reasons.
Below is a rundown of liens filed by the IRS, as reported by the Detroit News:
The IRS filed a $22,196 lien against him Nov. 2 with the Los Angeles County Recorder.
The IRS filed a $435,487 lien July 21, 2009, with the Bernalillo County Clerk in New Mexico, where he owns a home.
The IRS filed a $205,485 lien Feb. 4, 2009, in Los Angeles County. He owes income taxes from 2007, according to the lien.
The IRS filed a $296,355 lien April 17, 2008, in Los Angeles County for unpaid income taxes from 2006, records show.
On July 29, 2009, X listed assets totaling $739,433 -- from mostly homes in California and New Mexico -- and more than $1.4 million in liabilities, according to court records.
Later that same year, he was said to have acknowledged owing the IRS and said he had a verbal agreement to pay $250/month.
X has not commented on the report.
According to the Detroit News, west coast hip-hop vet Xzibit is feeling the economic crunch, and is debt to the IRS for nearly $1 million in back taxes.
The paper says a lien was filed against the rapper (real name: Alvin Joiner), one of four filed in recent years.
Apparently, his tax problems began in 2009, following the cancellation of long-running MTV show, "Pimp My Ride," where he played host ... and the foreclosure of his Woodland Hills home.
It's unclear, however, if X was just letting his home go, purposely, like many home owners these days because of the declining value in their properties.
X reportedly attempted to file for bankruptcy twice since 2009, but both were dismissed for various reasons.
Below is a rundown of liens filed by the IRS, as reported by the Detroit News:
The IRS filed a $22,196 lien against him Nov. 2 with the Los Angeles County Recorder.
The IRS filed a $435,487 lien July 21, 2009, with the Bernalillo County Clerk in New Mexico, where he owns a home.
The IRS filed a $205,485 lien Feb. 4, 2009, in Los Angeles County. He owes income taxes from 2007, according to the lien.
The IRS filed a $296,355 lien April 17, 2008, in Los Angeles County for unpaid income taxes from 2006, records show.
On July 29, 2009, X listed assets totaling $739,433 -- from mostly homes in California and New Mexico -- and more than $1.4 million in liabilities, according to court records.
Later that same year, he was said to have acknowledged owing the IRS and said he had a verbal agreement to pay $250/month.
X has not commented on the report.
Comment