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Home Reality TV

Sister Wives: Kody Struggles With Deep Financial Woes, Fails To Pay Taxes

Kristina by Kristina
November 7, 2020
in Reality TV
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Sister Wives Brown family is all neck-deep in financial woes. The members are clearly struggling to keep up with money coming in in the midst of trouble. All of them have seemingly tried different ways to get some cash in hand. However, it seems that Kody Brown is yet not free of mounting debts and other monetary issues. The fans might recall that the teaser for the latest season gave away a sneak-peek into the financial strain on Browns. Here’s everything you need to know more about Kody’s deteriorating financial health.

   

Sister Wives: Kody Spent All Money On Multiple Properties In Arizona

We know that Kody purchased an uber-expensive Coyote pass property after the family shifted to Arizona. Apart from this, he spent almost $2 million on different properties for his four wives. However, after all these months, there’s no construction yet on the property. According to The Sun’s latest report, Kody Brown is in a debt of $2,654.76 for the house he purchased with Robyn. As per Arizona court documents, Kody missed out on paying the first half of his property tax payment due on November 2.

The fans might recall that Robyn discouraged Kody from buying the property in Arizona. She very well knew the monetary constraints and so, wanted to rent instead of purchasing one. However, Kody went against her wishes and spent a good amount of money. But now, he owes $465.01 in taxes on this house, including the interest. And if you think this is it, you are undoubtedly wrong.

Kody Brown Owes Significant Money After Failing To Pay Taxes

  • Sister Wives

There are more pieces of evidence to prove that Kody is indeed in a deep financial mess. Reportedly, he missed paying one half of the tax for one of the four parcels of land. For the information, the Brown patriarch purchased four parcels of land in Arizona to build on. Thus, he owes something around $1,075.20 with interest. His total debt amounts to $1,114.55 in property taxes for the second parcel of land. This does include the interest and you might think that it is not much. But it is safe to assume that if Kody had money in hand, he wouldn’t have been attracting more debts.

Sister Wives: Paedon Pushed Kody Into Big Financial Mess

The fans might recall that Paedon hit had an accident while he was tailgating in Vegas. This happened back in October 2017. Interestingly, this accident hit Kody with a lawsuit for $15,000 damages. The complainants demanded compensation for “lost wages, loss of earning capacity, physical impairment, and mental anguish” among other reasons. Although Kody tried fighting back this lawsuit, he lost and ended up paying close to $30,000.

Kristina

Kristina

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