by Rashad Phillips
posted October 14, 2010 at 4:00PM EDT | 13 comments
Uncle Sam will hold a one-day auction, using the profits to pay off Young Buck's $164K tax bill.
On October 27 the IRS will have an open house and a subsequent auction of Young Buck’s seized possessions the following day to repay over $164,000 in income taxes. The property was originally seized on August 2 during an FBI raid on Buck’s Sumner County, Tennessee home. Local newspaper The Tennessean gave a rundown of the merchandise expected to be available.
“Several gold and platinum records for his own work and collaborations with rapper 50 Cent, several pieces of fine art, multiple LCD and plasma televisions, designer watches and an assortment of faux-fur coats” will all be included in the lot.
Buck filed for bankruptcy, shortly after the raid in August. The auction will last from 8:00 a.m. until 10:00 a.m. October 28 at 5373 Mt. View Road in Antioch, Tennessee. Perspective buyers will only be able to make purchases via cash, certified check, money order, cashier’s or treasurer’s check.
http://www.hiphopdx.com/index/news/id.1 ... ized-goods
