WEDNESDAY AUGUST 20, 2008
The lawsuit also cites a number of judgments against Dash, including a $2 million tax bill owed to the state of New York, $100,000 in federal taxes and $95,000 in unpaid rent to house the offices of Damon Dash Enterprises.
Representatives for Dash have yet to issue any kind of statement.
Chicago Il
“"I don’t feel like there’s anybody that can f*ck with me, line for line bar for bar, concept for concept" ”
Defsounds explored deep into the hip hop world in the city of Chicago, and was introduced to an artist that showcased incredible talent and determination not seen in the game since the, "Golden Era". We present Mikkey Halsted, and give you intimate details of his journey, dealings with Cash Money, wrong decisions with Kanye West, and display his swag and samples of his work that will only promise success.
COMMENTS
hahahahaha. first of all jay had nothin to do wit this shit. dame shouldnt act like hes ballin when he cant pay his bills dumbass motherfucker. n all that tax shit is even dumber, when ur a celeb pullin in bank like that please believe they watchin for ya. especially when ur black n from the hood n shit... but i do not feel bad for him at all i hope they take all his shit
damn man, just pay already, you're fucking rich!!! and what the fuck does Jay Z have to do with this? man your dumb.
WHOS FUKIN BUISINESS IS IT ABOUT THIS MANS RENT ISSUES??IT AINT OUR BUISINESS,NOR DO I FUKIN CARE BOUT THIS MANS RENT ISSUES,DAME AINT EVEN BEEN IN THE GAME FOR LIKE 2/3 YRS NOW,REIGN HAS NOTHIN TO WRITE ABOUT BETTER THEN DAMES RENT SITUATION,WTF?MAN INSTEAD OF THAT HE COULD WRITE ABOUT THINGS LIKE THE MIKE JONES INCIDENT,WHERE HE GOT KNOCKED OUT AT THE OZONE AWARDS,OR LIL BOWOW AND YOUNG BERG BEEF,OR BONE THUGS N HARMONY REUNITING ,FLESH JUST GOT OUT OF JAIL,I MEAN ANYTHING THAT HAS TO DO WITH HIP HOP,NOT FUKIN PEOPLES PETTY PERSONAL HOME BUISINESS,CUZ THIS SHYT IS SOUNDING LIKE THE ENQUIRER OR SUM SHYT.
maybe if his rappers weren't shitty and didn't suck dick he'd have some cash
^^^^WTF does Jay-Z have to do w/ the incompetence of Dame Dash not paying his bills?
The economy is all messed up now, foreclosure is happening everywhere...
it all good Jay will spot him. .... SIKE, this is what happens when you fail to manage your money, look at Jay he is growing by the day yet Dash is gettin sued lol
How is turning your back on people make you a rat? And what does Dame financial problems have to do with Jay?
You're comments shows what type a person you are.A stupid nigga who needs someone else to carry him. Fucking pathetic!
DAME A GROWN MAN HE NEED TO TAKE CARE OF HIS OWN BIDNESS THIS AINT GOT NOTHING TO DO WIT JAY
thats fuckin shiity for damon
How Dame get cheaten? Dame money hungry and Jay was like he tired of these grown ass niggas eatin' of him. He put all them niggas on and they just expect to get spoon fed. If he is an "Ultimate Hustler" then he should have no trouble gettin that money.
Lol did Jay-Z tell Damon to buy a place with a monthly bill of $79,000??? I think not...I have no sympathy for someone who's mortgage is more than the average americans combined income!!!!!!!
80,000 a month???? Omg 80,000x12 is 1,600,000 a year for a place he never sleeps in? This is bad money management...Lol I can't wait to have a place that's $3000 a month...Now that's a big crib...80,000 a month, i can't comprehend.
I'm terrible at math...actually its $960,000 a year....still ridiculous...
Islands for sale http://www.viviun.com/
500 acres in costa rica for 16 million...35 acres for $300.000
I hope the nigga get his doe back up, I knew something was wrong when took that bet show, he was to cool for that so he must not have been busy then. And at the same time when you get doe like that there is absoulutely no logical reason to get a mortgage on yo cribs. the interest is bananas you just got to cop it or drop it
Even though hella folks dissin' ya, ya damn right-- you better cop your shit in cash 'cause other wise, they gonna rape you on interest.
Most wealthy don't pay cash out right for homes. It doesn't make business sense. The interest on these homes is tax deductible, depending on the use the mortgage itself can be tax decuctible. Which do you think will make more money: A. 7 mil home paid in cash B. 1 mil down on a 7 mil home and 6 mil invested in other business ventures or the stock market? The answer is B if the person is smart enough to invest correctly.
DAME GOTTA GET HIS ULTIMATE HUSTLE ON...
lol ya'll act like Dame is going to be living on the streets or something..I laugh at these people in Manhattan, Miami and L.A. paying 7 million dollars for 3.000 square feet??lol you could've just moved to North Carolina and paid $500,000! Poor money management.
For 7 million i'm buying an Island, building a compound and never leaving.
Nobody really knows why niggas broke up. All I know is that there comes a time when niggas got to make business decisions. Jay obviously saw an opening and he went for it. Just because me and somebody peoples, doesn't mean I want to work with them forever, even if we do work together, that doesn't mean I want you on every business venture.
Man thats fuck up, dis nigga did all this work to make it to the top , now is all for nothin, nigga put to much work into this, just to watch it crumple, he put to much trust in jay-z, but i dont see the ROC closing down Jay-z should step in, goes to show you, you cant trust nobody in the bussniess industry except for God, n you folks, Sucks to be this nigga
i will be glad when folks start owning up to their own problems and issues...dude in this situation cuz he ain't paid his bills, this don;t have shit to do with jay or anyone else...this would have happened regardless dude doesn't watch where his money goes...just look at the way he spends it. he needs to learn how to slow down and make better business moves...shouldn't want another grown man to hold your hand in every move you make.
IF NUGGAS WAS SMART AS JAY THEY WOULD NOT BE IN THIER POSITIONS. TIRED OF NUGGAS BLAMING THIER DUMBNESS ON OTHER PEOPLE.
Ill never feel sorry 4 somebody who was a millionaire havin money problems... he better call jay back and ask him if that offer is still on the table 4 the masters 2 reasonable doubt
you only NEED one house anyway
dont even feel sorry for this dude...
its like feeling sorry for fuckin PARIS HILTON
The Cakeaholic himself. Dame used to get on my nerves with all that flaunting and what not. Interesting how these times have come on him recently. I wish him the best.
Although I don;t think he's bad off, It' sinteresting how the Flaunting era of The Roc and Dipset, turned so fast or seems to have tunred on those same entities.
Be careful how you pop it, as it's not promised to any of us.
i guess dame needed jay more than jay needed dame. damn homie!!! so now who's the real business man
ya gotta understand that its a cut throat bizz. rocafella was a joint venture between the 3(dame,jay,biggs) they all needed each other to make it work. just in this profession youre product has a voice and a mind of its own and it could move on without the others. guess jay needed the progression rather than eat the fruits of his labor.
he knows whats going on with the this shyt i mean dude is above hes spending means, i dont know about that nigga but i rather pay my rent and be broke than be out on my ass u know what im talkin bout
dam this nigga owe alot a money !!!!!
Funny how alot of people are trying to blame Hov for Dame's problems...
---------------------NEWS FLASH-------------------
[tkizzle — about 4 hours ago
^^^^
The economy is all messed up now, foreclosure is happening everywhere...
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and i'm sure Dame still has money...
Def not Jay's fault
Real talk... this shit kinda sad. 7 years ago he was on top of the rap game with Hov and now he doesn't have shit.
FOR ALL OF YALL SAYIN DAME IS STUPID TO HAVE A MORTGAGE YOU ALL MISUNDERSTAND BIG MONEY. IM A HOMEOWNER I KNOW . DAME COULDVE PAID CASH FOR THE JOINTS BUT BIENG AS THOUGH HES IN A COMPLETELY DIFFRENT TAX BRACKET DEN MOST ON HERE HE HAS TO CLAIM AS MANY LOSSES AS POSSIBLE. SO ANY HALFWAY DECENT ACCOUNTANT WITH A CLIENT WITH THAT TYPE OF BANK WILL TELL THEM O GET A SMALL MORTGAGE ON THE HOUSE COS COMPARED TO DA MONEY THEY MAKIN OR AT LEAST SHOWING THEY CAN COUNT THAT AS A LOSS AND KEEP THAT CASH IN THERE POCKET SO TO SPEAK. AND IT AINT BECAUSE HE AINT THE ULTIMATE HUSTLER OR NONE OF DAT SHIT. EVERY HUSTLER TAKES A LOSS SOMETIMES. FROM THE HAND TO HAND NICKEL AND DIME HUSTLER TO DONALD TRUMP ESPECIALLY IN TODAY'S ECONOMY. SHIT.
^^^^ for you to own your home why are you typing like a teenager???^^^^^
Every hustler takes a loss sometimes. Sometimes, nigga for the past 3 years every time I hear something bout Dame its about a loss
It's nobody's business to worry about what's in that mans' pockets, real talk. Niggaz ned to worry about not losin' their shit.1
Well I can speak on this topic, because I don't fall under the category of "Niggaz".
Its fucked up that this dude money aint flowin like was when the ROC was the shit but all you cant think about when you hear bout Dame not doing so well is his ex-main man Jay getter richer everyday. Thats why everybody bringin Jay into this shit. Hope shit pan out.
He betta ask cam 4 sum moneyLOL.
He broke wtf do people expect! That's prolly y Hov stop fucking w/ him! I dont blame Jay cuz Im not gone be the bread winner and u just a hype man linging around! He a broke nigga and if he such a Harlem nigga then do what these niggas always yelling about & "Get Money"
pay yo taxes you niggas hustling backwards
Everybody Fuck Up Once In A While
the key to havin money is being smart...i'ts like a game of chess. once you make the wrong move(s), you're fucked up in the game......damn was tryin to make it poor instead of rain and he was caught slippin....all he had to do was buy a big ass house and pay it off..now the only thing he's payin is the price of fame
It's hard to make money when the nigga you helped reach their potential blackballs you once you get them there..Dame ain't the only nigga Jay has done like this..He uses the niggaz around him like broads..Once they get him to a certain level he cuts them off then blackballs them so people can't really see who was making the moves..I ain't taking sides i'm just stating facts..Anyone who has really followed Jay's career know how he do those around him but he's a smart dude..He learn what he needs to learn before he cuts them off..Just remember back when Jay was rapping fast and all the other shit he was a nobody..I don't give a fuck what nobody say that man owe a lot of people and at the top of that list is Jaz-O, Dame and Biggs..Everything comes full circle though so it's only a matter of time..
This is the most niggerish shit I have heard in awhile.Dame and Biggs became Multi-Millionaires off of Jay-Z work.They have no part in making his albums (Jay-Z and The Producers did), but they benefited from those albums.When Rocafella records got sign to Def Jam, Lyor Cohen was making all the big promotion decision for Hovs album marketing, so he did more than Dame and Biggz.Rocawear sold only because of Jay-Z promoting, which was Dame Dash only business skill.Using Jay-Z to pitch products to so the products can sell.Over the time Dame Dash was C.E.O. of rocafella, he sign many more failed acts (Lil Red,Lisa Wray,S.O.S,M.O.P.) than he sign sucessful acts and Rocafella Films was a joke.
So why should Jay-Z have carry any of that dead weight? And done say something is "dact" unless you actually have proof, because without it you are just talking out of your ass.
Nigga you sound so stupid! Jay-Z music is what brought attention to RocAfella! There's no RocAFella without Jay-Z he made RocAFella what it is! I do agree that Dame & Biggs helped him but bottom line is Jay-Z had to be sold in order for their name to make it where it is today! And Jay-Z had the honor to do that but u can't say his career is what it is because of them because they swagger jacked people too!!!! Especially Dame Dash! Jaz-O is ungrateful because regardless of another man's success u gotta make it happen for yourself! And Jay-Z helped him out by putting him on that "Nigga What nigga Who" track! It was up to him to sell his self after that! Hova doing like any other black man or woman he's learning the in's & out's of business and sometimes it's not safe to keep comfortable people around your money! ~Dame Dash got too comfortable~
I feel bad for Dame...why you ask? Well he believed in Jay-Z when no one did. He had J's back before his deal, during his deal and after! He seams loyal to me. Most people are not loyal without reason. Obviously the paychecks and lavish lifestyle would keep anyone close to you, but he is a business man as well. Dame owns companies and has other endeavors. We have heard similar stories with hip hop artists a thousand times, and then we see them in a new Lambo. Broke people know what broke is, millionairs consider broke, when they only have 10 million in the bank! Its a whole different level. I can't relate, becuase im far from rich, but i do have a brain. Im sure if Dame needed cash like that, Jay-Z would be there to help. All it takes is a phone call....
damn! fuk foreclosure.... the topic of this post should be Dame facing BANKRUPTCY.... because if I owed that much money i'd be filing ASAP.... also, ya'll better get hip to foreign bank accounts.... protect your money!.
On a side note I've BEEN telling these up and coming rappers to not admire these rappers they see on tv or hear on the radio..... most of them are REALLY broke in real life and ALOT of them still live with their moms!
man Jay did Dame dirty I feel for Dame but ni99a you Dame just come up with another business venture and get your cake up bro. You started an empire once, try and do it again.
damn, i remember seeing this nigga house on MTV cribs off in europe some fucking where, talking about how he has his girls walk around all naked in his spot. nigga living with him mama now. that's so fucked up, lol.
LOL...NO MORE OF THAT ROLLING DICE DANCING FOR NOW!
DAME DASH DOES NOT WANT HIS BUSINESS LIKE THIS ON ANY WEBSITE. I SWEAR HE'S GOT MAD CASH OR IS THAT A CAMERA TRICK?
I WONDER IF JAY HAS READ ABOUT THIS...NOT GOOD!