As well documented recently, Tyler Baltiera and Caitlin Lowell have recently been given the main reasons for celebrating:
They just welcomed their fourth child Daughter named Rya Rose..
It’s a very exciting time for the popular Teen Mom star, but it’s also a time of concern, as documented by most credible publications now.
Caitlin and Tyler obviously have taxes of nearly $ 900,000.
Wow, right? !! ??
According to a previous report from The Sun, MTV’s personality was hit by a federal tax lien of $ 535,010.97 on November 19, 2019. This number covers 2016 and 2017.
Then the spouse received another Federal tax Lien $ 321,789.06 on December 16, 2019 … This is for 2018.
and now The sun says it can be revealed Lien remains unpaid because she received this update from a Michigan clerk.
Caitlin and Tyler, along with Leah, were six-year-old parents named Novary and two-year-old parents named Vaeda, who adopted their 12-year-old daughter Curly as a teenager for adoption.
The bomb financial news outlined above upset fans.
Many are now wondering if it is the couple’s irresponsibility to expand their family in such a large amount of debt … they also get out of the hole how Tyler and Caitlin get out of the hole. I’m wondering.
Tyler and Caitlin were formerly owners of a children’s clothing business called Tierra Rain, but the company has been inactive for over a year.
There is no active source of income from a seemingly non-functional company.
Baltiera, on the other hand, has a history of buying a home, repairing it, and then turning it over for profit. The property, which was purchased in 2016 and sold in 2020, has a solid revenue of $ 100,000.
But it’s a long-term investment and comes with risks.
Tyler is very likely to try to reproduce this successful flip at some point in the near future … but it can take years to rebuild and sell a home.
In addition, he may not be able to sell a fictitious home at his preferred asking price and may lose even more money in the transaction.
On her side, Caitlin earns some cash through an ongoing Microblade eyebrow campaign, but both her husband and wife earn from their MTV salary and lots of Instagram promotions.
Thankfully, it also sounds smart with the salary the couple has earned over the years from the Teen Mom OG.
“The college is paying, it was mine and it was Caitlin’s main thing.
“Each of our kids has a trust fund that puts money in, and they can’t touch it,” Tyler said in the past in the Awesome Dad Show podcast.
Of course, in the future, Tyler and Caitlin will need to work with the government to find a way to pay off these taxes.
But I’m glad to hear that what they’ve been thinking about and the mistakes they think they’ve made in the past have nothing to do with the future of their children.
Tyler Baltierra and Catelynn Lowell Owe a Ton in Taxes: Will They File for Bankruptcy? Source link Tyler Baltierra and Catelynn Lowell Owe a Ton in Taxes: Will They File for Bankruptcy?
The post Tyler Baltierra and Catelynn Lowell Owe a Ton in Taxes: Will They File for Bankruptcy? appeared first on California News Times.