Damn! Damon Dash Owes $2 Million In Taxes!

Hip-hop mogul Damon Dash may be facing a mountain of legal troubles, but he’s not letting deep debt throw him off his game, he told the Daily News in an exclusive interview.

“I can’t touch my money. I can’t pay certain bills,” Dash said in a wide-ranging talk on Saturday. “But I’m still working every day. It’s not stopping me from hustling. I am an entrepreneur. I am real.”

Dash, 42, vowed to pay back more than $100,000 he owes on a sprawling mansion in suburban Putnam County.

He said he moved out at the end of March because he couldn’t take the frigid weather — but he also faces eviction, according to court documents he filed Tuesday.

“I’m in transition. I’ve been moving around on business,” he said. “It’s too cold to be upstate in the wintertime.”

The woman who said she rented out the luxurious Golf Ridge Road, Carmel, home to Dash said he left on amicable, but indebted, terms — $160,000 in back rent.

“He’s a nice person,” said Shlomit Schonberger. “He just doesn’t have money. He’s very talented and friendly. I hope he makes it.”

Schonberger said Dash, who lived in the house for about three years, left a massive landscape portrait on the mantel.

“That's Damon’s,” she said, pointing to the painting. “He said he will come get it someday.”

Dash, who partnered with platinum-selling rapper Jay-Z in Roc-A-Fella Records and the Rocawear clothing business ventures, said lengthy legal battles and massive tax debt have kept him in the red for years — but he’s good for the cash.

“As soon as I get the money, I’ll pay it back,” he promised. “It doesn’t mean they’re going to get paid immediately, but I’m gonna try to figure it out.”

He appeared in Manhattan Supreme Court on Thursday to fight a charge of ignoring a 2008 lawsuit from a garment industry lender who sought payback for a $237,078 loan, but Dash says he was never served papers for it.

“It caught me off guard,” he told The News. “I have no credit, and no one’s trying to help me, so I’m trying to do everything on my own.”

Dash, who once reigned over a $50 million empire, said he has renounced the hustling hip-hop lifestyle. “I’m not a rapper and will never be a hip-hop mogul again,” said the father of four. “I’m 42. That would be a midlife crisis — that wouldn’t be a comeback.”

According to court documents, Dash also owes more than $2 million in taxes to New York State.

“I don’t ever remember not having problems, but it’s a game that I choose to play,” he said.


That sh!t is crazy! He owes $2 million in taxes, got sued for not paying back a loan for $237k & didn't pay $106k for his rented mansion!


Why the f**k was he living in a mansion if he couldn't afford it?






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