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BREAKING NEWS

Sinbad Loses Home Over Tax Debt

Feb. 9 2010, Published 8:30 a.m. ET

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Comedian/actor Sinbad is in deep water over unpaid taxes, RadarOnline.com has learned.

Sinbad, Dionne Warwick Owe California $5 Million

The 53-year old entertainer has reportedly had to give up his Hidden Hills, CA home in order to pay off a steep tax bill in the amount of $18.5 million.

According to BVBuzz.com, the home has hit the market for a cool $3 million. Sinbad purchased it in 2007 and it sits on 2.4 acres with a guest house, recording studio, pool and barn.

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EXCLUSIVE: Saved By The Bell Screetch Sued For Taxes, Has Car Repossessed

Reports surfaced late last year that the actor had declared bankruptcy and had less than $50,000 in assets. He’s appeared in films such as Houseguest, and Jingle All The Way.

But while his personal life may be in shambles-- professionally, the actor couldn’t be doing better.

VIDEO: Richard Hatch – Surviving Tax Evasion

On Feb. 21, Comedy Central will premiere Sinbad’s hour long special, Sinbad: Where U Been. The standup show will showcase the comic’s jokes on everything from being married to President Obama.

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Sinbad will also appear as a contestant on Celebrity Apprentice, premiering March 14.

Calls to Sinbad’s rep were not returned.

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