As recently documented on how to file bankruptcy, Tyler Baltiera and Caitlin Lowell were recently given Top Reasons to Celebrate:
They have just welcomed their fourth child Girl named Rya Rose..
It’s a very exciting time for the popular Teen Mom star, but it’s also a time of worry, as most credible publications are currently documenting.
Caitlin and Tyler obviously have taxes of almost $ 900,000.
Wow, law? !! ??
According to a previous report from The Sun, the MTV personality was struck with 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 Link $ 321,789.06 December 16, 2019 … This is for 2018.
and now The sun says it can be revealed Link remains unpaid because she received this update from a Michigan employee.
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 financial bombshell news described above shocked fans.
Many now wonder if it is the irresponsibility of the couple to expand their family with such an amount of debt… I wonder.
Tyler and Caitlin previously owned a children’s clothing business called Tierra Rain, but the business has been inactive for over a year.
There is no active source of income from a seemingly non-functioning business.
Baltiera, on the other hand, has a habit of buying a house, fixing it, and then transforming it for a profit. The property, which was bought in 2016 and sold in 2020, has a solid income of $ 100,000.
But it’s a long-term investment and comes with risks.
Tyler is very likely to try to replicate this successful turnaround at some point in the near future… but it can take years to rebuild and sell a house.
Additionally, 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 the other hand, Caitlin is making money from an ongoing Microblade eyebrow campaign, but her husband and wife are both earning from their MTV paychecks and plenty of Instagram promotions.
Thankfully, that also looks smart with the salary the couple have earned over the years from the Teen Mom OG.
“College pays, it was mine and it was Caitlin’s bulk.
“Each of our kids has a trust fund that puts money in it, and they can’t touch it,” Tyler said in the past on the Awesome Dad Show podcast.
Of course, in the future, Tyler and Caitlin will have to work with the government to find a way to pay these taxes.
But I’m happy 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 their children’s future.
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?