Dame Dash Says He's Deep In Debt And Close To Losing His Carmel Home

Dame Dash is close to being evicted from his Carmel, New York home and is in mountains of debt.

The once very rich Dame Dash is now fighting to keep a roof over his head, losing more than just power in the rap industry.

According to NY Daily News, Dash claims that his mounting debt has once again reached the footsteps of his home and faces imminent eviction from a rented mansion in suburban Carmel, New York.

In a 5-page report Dash filed on Tuesday the former Roc-A-Fella Records head claims, “I am currently several months behind in paying my personal bills,” he wrote. “For instance, I am currently over $100,000 behind in rent for the only home in which I live and at risk of being evicted."

Dame Dash lost a pair of multimillion-dollar Tribeca lofts to foreclosure in 2010, which included $7.3 million left on massive mortgages.

A 2004 split with his former wife Rachel Roy smacked Dash with a $20 million windfall and eventually left the 42-year-old facing hard financial times.

Court records also show that Dash lost numerous lawsuits filed by landlords, fashion designer Charlotte Ronson and a celebrity bodyguard firm.

According to Dash's court filing, he faces possible criminal prosecution for not paying his New Jersey taxes. Documents show Dash also owes more than $2 million in state taxes to New York, and he admits to owing federal income taxes as well.

RELATED: Dame Dash Says He's Proud Of Jay-Z & Kanye West

133 Comments

  • Adnaw6

    I think jay a should help him out

  • Pblack

    DAMN he just did the interview saying how he got art studios all ova the world and shit crakin jokes on just blaze and life was all good

  • Big Dan

    This dude is just stupid and deserves this. You had a chance a a comeback and screwed that up too?

  • Anonymous

    PHILLY STAND UP

  • HOV

    I heard motherfuckers saying they made Hov Made Hov say, "Ok so, make another Hov" Niggaz wasn't playing they day role So we parted ways like Ben and J-Lo I shoulda been did it but I been in a daze though I put friends over business end of the day though But when friends, business interests as they go Ain't nothing left to say though I guess we forgot what we came fo' Shoulda stayed in food and beverage Too much flossing Too much Sam Rothstein I ain't a bitch but I gotta divorce them Hov have to get the shallow shit up off him And I ain't even want to be famous Niggaz is brainless to unnecessarily go through these changes And I ain't even know how it came to this Except that fame is The worst drug known to man It's stronger than, heroin When you could look in the mirror like, "There I am" And still not see, what you've become I know I'm guilty of it too but, not like them You lost one

  • Anonymous

    this what happens when u do business with jay z

  • d-nucks

    Why do people bring up Jay-z or blame Jay-z when shit like this happens to Dame? Dame is a grown man...JAY-Z ain't make Dame buy all that bullshit...he made dumb moves with his money....Dame MADE ALOT OF MONEY OFF ROCEFELLA AND ROCAWEAR....niggaz always gotta floss....why have multimillion dollar lofts?...and rent a fucking mansion?. Just get a nice crib a couple cars and chill.... Thats what I hate about my people we always do to much..we gotta let everybody know we making money. You can walk by a white dude...and he look basic as hell in some wrangler jeans and dude is a MILLIONAIRE. A black dude get a lil paper...EVERYBODY HAS TO SEE IT. HE GOT TO SHINE. Warren Buffet is a BILLIONAIRE....google dudes house....you would never know A BILLIONARE lived there.

  • d-nucks

    damn...stop living beyond your means....Dame should just get a nice 400,000 dollar home....all these million dollars lofts and renting manision shit is stupid....who rents a mansion anyway? That money could be spent on a modest mortagage. Like i said...get a 400,000 dollar nice crib....smh

    • foreal

      agree, that is why i laugh when i see a brand new artist with one album out driving a ferrari or lambo. they want to live the flashy lifestyle when a 400k home a 60k car would be better for stretching that money. smarten up

  • insanemacbeth

    keep your head up, mi bredda.

  • adam barta

    haha, the title is too funny and ironic! This dude should have never turned his back on Jay-Z, now he's about to lose his CAMEL house hahahaha

    • HOVE AGAIN

      I heard motherfuckers saying they made Hov Made Hov say, "Ok so, make another Hov" Niggaz wasn't playing they day role So we parted ways like Ben and J-Lo I shoulda been did it but I been in a daze though I put friends over business end of the day though But when friends, business interests as they go Ain't nothing left to say though I guess we forgot what we came fo' Shoulda stayed in food and beverage Too much flossing Too much Sam Rothstein I ain't a bitch but I gotta divorce them Hov have to get the shallow shit up off him And I ain't even want to be famous Niggaz is brainless to unnecessarily go through these changes And I ain't even know how it came to this Except that fame is The worst drug known to man It's stronger than, heroin When you could look in the mirror like, "There I am" And still not see, what you've become I know I'm guilty of it too but, not like them You lost one. 1

    • foreal

      i dont know if "turned on" is the right word. i think it got to a point where Jay Z saw that he was carrying roc a fella and saw 2 dudes behind him getting getting paid crazy money while Jay did the hard work. from what i read, Dame and Biggs got screwed in the deal, but it may have been their fault

    • Real_Talk

      Jay-Z turned on him

  • Anonymous

    When will some of these guys realize just because they earned some money for a few years that it aint gonna last for ever.. you dont need two homes dude.. worth millions..now evicted from your "rented" mansion. They took your "rented" suv..worth millions but not owning a damn thing. follow at noles506

  • AJP

    Never really cared too much for Dame, but hate to see this.

  • rocafella

    should of not turned his back on jay-z he would never be in this situation

    • Anonymous

      doesnt dame own the masters

    • Anonymous

      Jayz does not have a magic wand to wave to make niggaz succesful. People dont' feel Bleak like that. Bleek is good though, I'm sure Jay made sure he was straight. Tru life...caught caught up with that street shit...he doing a bid....jay ain't responsible for that. Simple...everybody can't be a star...everybody ain't gonna make it...simple as that.

    • Anonymous

      fuckouttahere Jay deserves blame on the ROC situation too. Even after the 'breakup' look at what happened to the dudes that stayed 'loyal' to Jay. Where SP at? (remember they sided with him while Beanie sided with Dame at first), Bleek?, Tru Life? (before doing dumb shit) RocaFamilia?

  • Greatest Rapper Never

    DAMN this nigga so rich he got a CARMEL HOUSE! If my house was made out of carmel I would eat it so quick I'd die from cavities! Does he live next door to the Ginger Bread Man! I bet it's really sticky in there!

  • Biggie Smalls from the grave

    Hey Dame UPS is hirin

  • Anonymous

    Fuck Jay Z for this shit, I understand he a business dude... but Dame was a big part of him being successful

  • epitome1986

    shit is fucked up, he was the one who signed the best selling artist other than jay. it was dame who signed kanye, jay didn't want to sign him, dame had to convince jay that it was a good move. dame signed dipset and they are the only platinum artist other than jay. jay kept pushing bleek, amil, and other artist that flopped on the roc. biggest cause of downfall to dame was when artist where choosing sides, how kanye straight left dame, even though he was the one who gave him his shot at rap.

  • Mr.NiceGuy

    WOW! Dame is the cofounder the ROC and is broke?! This is a fucking shame.

  • NYC

    I'm glad he broke. Never seen such an arrogant twat of a guy as this. I remember him on Cribs and banging on about having a fresh pair of sneakers every day. Just a shallow egotistical arsehole. This is good news.

  • Guest

    This nigga so broke he threatened to sue Wikipedia. You can't even access his page because they took it down. http://en.wikipedia.org/wiki/Damon_Dash

  • Anonymous

    That's what happens when you spend your money on hoes, cars, chain, alcohol, and drugs. I feel no sympathy for him. There are people in the rap game who made less than he did and are doing alright because they actually invested their money well.

  • YEBO

    FUCK Y'ALL, JAY-Z DOESN'T OWE SHIT TO THIS BROKE ASS NIGGA. HE WAS WELL-OFF TOO AND NOW HE'S BROKE AND JAY-Z IS SHINING. JUST BECAUSE THEY STARTED BUSINESS TOGETHER DOESN'T MEAN THAT JAY HAS TO PAID HIS MILLION DOLLAR BILLS. HE WAS PROBABLY SPENDING MORE MONEY THAN HE COULD AFFORD AND NOW HE'S IN DEBT. SOMEBODY SHOULD HAVE LENT THESE NIGGAS A CALCULATOR.

    • JP

      ^co-sign what itsdosentmatter said

    • Anonymous

      Don't forget Stacey, but glad to see 2 other perspectives than the usual "ha! he's broke, arrogant bitch" comments when they don't even know this man beyond when he was entertaining them on camera.

    • itdoesntmatter

      You are right. He might not owe him anything, technically. But it's important to know there would be no Jay-Z without Dame. No one wanted to sign Jay and he was even dropped by sub-labels 3 levels down from majors because no one thought Jay was hot. Dame went into to debt more than once and lost everything to the IRS trying to get the Roc off the ground, and his connections and working things is what got Jay producers, features,etc. Jay was trying to get signed 7-8 years with nothing, and then Dame put another few years working stuff to get Reasonable Doubt going. If Dame doesnt know the people he knows and gets them on it, and get that distribution deal, and then get the soundtrack deal for the single, where is Jay Z?

  • bevis n butt head

    uhuhuhh

  • bevis n butt head

    con julioo con juliooo oooo .hey bevis why is george lopez standing in the indian store stareing at the indian guy uhuhhhuhuuhuh weird uhuh look its waynes brothers uhuhhuhhu 1 tod meda 1 tod meda uhh. uhuuhuhuhuuhh creepy. bevis why is that guy with spike hair fixing a window on the store uhuhhuhh dont know uhuhuuhuh.

    • Greatest Rapper Never

      Con Julio? Are you kidding me? Do you mean CORNHOLIO! You stupid fuck, Cornholio IS what Beavis calls himself in reference to his butthole. I'm calling you out bro, you officially need to stop posting under the beavis and butthead handle if you don't even know who Cornholio is. You don't know shit about Beavis and Butthead and you don't know shit about Rap. GTFOH.

  • bevis n butt head

    hey bevis did we pay the bills bills bills uhuhuhuhuh dont know uhuhhuhuuhhuh. you see the single ladiess out side yea bevis uhuhhuhhuhuhuh.bevis why did snoop change his name to snoop lion dont know bevis weird uhuhhuuuhh

  • bevis n butt head

    look bevis its mtv cribs uhuhuhuhuuhuh.he he well moving on he he moving on to the next crib. uhuhuhu lets change the channel bevis uhuhuhuh its that song best of me uhuhuhuhuhhuh change the other channel bevis uhhuuhhuh look its that song moving on cool uhuhuhuhuh.

  • Continental

    damn jay z where you at you snake?? help this nigga out or something you owe it to him

  • Anonymous

    Harlem stand up

  • bevis n butt head

    woa woa woa woa woa woa woa woa

  • bevis n butt head

    hey bevis why does jim jones grab his eye really creepy in that song making faces dont know bevis. lets go in that store and get some coke uhuhhh

  • bevis n butt head

    lets watch tv bevis uhuhuhhuhh cool tlc is takeing a shower they have their cholthes off uhuhuhhhhu.shes saying tic toc tic toc uhuhuuhhuh lets watch the other channel.look its nelly hes saying its getting hot in her .weird. uhuhuuhh.lets watch the other channel ok bevis uhuhhuhh. why is juelz santana saying tic TOK TICC TICC TICC really creepy bevis. uh i dont know lets go too the mall ok uhuhuhhuhu.

  • bevis n butt head

    look bevis its vassia carlton. uhuhuhuhuuhhu hey vassia.hey guys you see anybody fall from the sky? uh no uuhuuhuhu a guys you see anybody fall from the sky? no uhuhuhuhh i just walked thousand miles ha uh haa.woa uhuhuhuhu.oh you guys are stupid white chicks hey bevis whats that song by ice cube wicked uhuhuhuhuhuhh.that sucks uhuhuhuhuhuh. lets watch tv uhuhuhuuhu i like this song back forth and forth rockk the boatt uhuhuh cool uhuhuhuhuhu

  • chillin

    Most people go through life comfortably earning significantly less than Dame made between 96-06. I have no sympathy whatsoever for him, he's an idiot.

  • Anonymous

    Damn, Dame. You used to be the shit, running Rocafella Records; now you ain't shit.

  • PhillyMu

    As long as Dame Dash has been in the music industry and as much money as he's made, there is no reason for him to be in this position except one... BEING AN ASSHOLE. It's well-documented that Dame conducted himself like an entitled, arrogant fuck during his heyday with Jay-Z and Roc-A-Fella, th key words being "with Jay-Z". Once they split and he could no longer hide behind the talent and earning potential of the Roc's biggest artist, the industry told him to go fuck himself. There is a lesson here: no matter how successful you become and how much you're ballin' right now, if you don't have humility and aren't humble enough for people to genuinely like you, you can get black-balled and lose it all quickly. #BeHumble

  • Anonymous

    Taco Bell is hiring Damon.

  • Whorida

    At least he admits this instead of acting like his old asshole self. Don't diss Dame though, he is an influential part of hip-hop.

  • Anonymous

    he gonna blame it all on his accountant

  • Anonymous

    jay really fucked him over bad the least he could do is give him a mill

  • Dame Dash's Wallet

    I'm not Broke!!!

  • DAD

    OH no he's gonna lose his vacation home in the mountains...wahhhh

  • CRACK BABY

    SO...YOU'RE CRYING OUT FOR JAY'S HELP ON THE NEWSPAPER OR WHAT???

  • good4disnigga

    This coon deserves it. He was all about drowning the youth with bs. Kool G. Rap MOP Styles P all day. Curren$y got it smash right now though.

  • killah_casp

    this is fuked up dame a real one got fuked over by gay z if jay dnt help dame out then personally ive gt no respect 4 the dude as hip hop fans u should all respect dame more than jay jay was the one who snaked dame and dame was the one who found and supported some off the artists we all know today a truly loyal man deserves respect unlike jay who has continued to do rappers dirty apart from ye and rihanna jay doesnt give a fuck about any off the artists at rockafella.

    • Anonymous

      very insightfull, m guessing you know this from the time you spend with jay, Dame and the whole Rocafella family. shut the fuck up.

  • M

    I remember seeing this dude on MTV throwing designer clothes away after wearing them for one day. He said he did that with the majority of his clothes and proceeded to throw brand new clothes in to the bin.

  • ja rule can never go broke. he is bigger than money.

    ja rule can never go broke. he is bigger than money.

  • Von Clay

    I'm pretty sure he isn't as broke as he would like some people to believe

  • Anonymous

    Too much FLOSSING, Too much Sam Rossing...

  • da commanda

    You all can stop dick riding anyday now... Dame Dash was the brains behind the Roc and was too strong headed and loyal to be controlled. Everybody was eating, moves were made to benefit the artists and execs, so it was all good. Therefore the powers that be went to the weak link in the chain, the rapper (who doesn't know anything about business) and promised him everything if he would submit and do a few things for them. He agreed, did his partners dirty, had them blackballed, and was given the green light to get all that he has now. He was looked out for by the powers that be because they knew he would sell out his people...But according to y'all, that's cool, and Dame and Biggs are to blame for their misfortunes....WAKE UP!! (P.S. I'd hate to have any of you clowns for friends and/or business partners...Oh and that BS Jay made up about just wanting Reasonable Doubt and leaving everything to them was bull...)

    • insanemacbeth

      i kind of agree with DA COMMANDA! having said that though, you cannot be wearing AF 1s crepz (sneakers, to AMERICANS) only once, and then disgarding them. that lifestyle of constant deglect will eventually leave you broke. also, the way D.D. boyed off/ embarrassed KEVIN LILES on 'BACKSTAGE'. that kind of behaviour WILL eventually get you blocked/ blackballed. sad story, still!!!

    • Fuck outta here nigga

      And who forced Dame to get contractually obligated to shit his pockets couldn't handle? To even hint at Jay not knowing anything about business invalidates your position. Shut the fuck up.

  • Quadeer Shakur

    I cant respect a man who rents a mansion. It makes NO SENSE to me. Ownership would have given him some WORTH.

    • Why

      Why a fucking mansion? I get renting an apartment, maybe even a reasonably priced house with 3 or 4 bedrooms. But to be renting a mansion, and you owe money to Uncle Sam and every other Tom, Dick, and Harry on Earth is plain stupidity. Where the fuck is his financial advisor?

    • Anonymous

      only dumb people rent houses

    • Anonymous

      yeah i don't see why anyone would rent a mansion unless they were deluding themselves. itd be smarter to at least downsize if he's gonna rent.

    • foekist

      Quadeer Shakur made plenty sense. Just because people have been renting mansions for years doesn't mean it's a good idea for someone in debt living beyond their means....DUMBASS!

    • Anonymous

      People have been renting mansions for years, there are real estate companies that specialize in this. Know what you're talking about before you speak about making sense.

  • Anonymous

    this is what happens when you blow all your money..dont' blame jayz..

  • Anonymous

    Maybe Hov can give him a job clearing samples at Roc Nation.

  • carlos

    this is some bullshit, you think he'd be so open about it...everything for a reason

  • Anonymous

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  • epic

    how/why does this keep happening? he might just wanna Jay-Z reasonable doubt, pay his debts and disappear.

  • Anonymous

    make another hov

  • Anonymous

    lets find a way to blame Jay-z or Jack Bauer

  • Jigga

    Like Jay said, "I heard motherfuckaz sayin they made Hov, make another one." Goes to show who the real boss of the Roc was and it wasnt this broke ass nigga.

  • GUWOP SCREWOP:

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  • Art Brooks

    Don't expect Shaun Carter to help. (U should've let him have the "Reasonable Doubt" masters). Anyway, everyone gotta fend for themselves - fuck these crybaby bums with a sense of entitlement (I'm just speaking in general)

  • Anonymous

    "Nigga, Dame, man, thats your man. You and Dame was mans and em. You and Dame used to be tighter than giraffe pussy and shit. You know your man having financial problems and shit. You number one on the Forbes list, nigga, you make 35 million and shit. Give a nigga a milli or sum" /Game - I'm So Wavy/

  • Anonymous

    Meanwhile in Cuba...

  • Anonymous

    Yeh, cant feel sorry for him. Lesson 1, dont trust jay z. lesson 2, PRENUPT!!!!!

    • Anonymous

      nigaz dont prenup when they get preety pussy they never thought they will get in ther lives.Thats how they fall when it cmes dwn to it all pussie are tha same then industry pussies will clean u out like Kelis

  • slick

    look like it said he was about to lose his his home in camel ny, i was like damn hov evicting the nigga?

  • ThaSav253

    a fool & his money are quick to part...

  • Anonymous

    Rashad & Confidence - Brand New

  • dentaldamboy

    Nigga should have signed to YMCMB where its members are financially sound.

  • Anonymous

    Another example of "they shoulda never gave you niggas money!" This dude was making money hand over fist but all the waste spending is catching up to him.

  • bevis n butt head

    look at them bevis uhhuhhuhuhhuuhhuhuhuh

  • VelvetApe

    Dude is a piece of sht. a biploar ashole who deserves to be homeless. he treats ppl like sht all those years and karmas coming back finally. tiny little dude tryin to act all powerful and hard. if he was a REAL businessman he woulda stayed in business but he burnt all his bridges in the industry and is too hard to work with. ppl in the industry find that out youre blacklisted permanently. hopefully he ends up at mcd's pushin out burgers cuz he def deserves all of it. from rich to poor lmaoooo moron

    • Anonymous

      smh, Jay ain't in Cuba, you could see him on the B'klyn Nets sideline.

    • yeah

      Dude's right. Dame treated people like shit and thought that Jay wouldn't survive without him. Now Jay is balling in Cuba with a 500 Million net worth. Karma's a bitch.

    • Anonymous

      um no shit everything he said is correct. You obviously on VelvetApes nuts like it or not. Motherfuckas getting butthurt. Let me guess Memphis Bleek is that you

    • HU

      Everything said here is accurate. Whether you like it or not.

    • Anonymous

      ayo Jay-Z damn you bitter

  • X Drop BOMBS Like Nagasaki

    I'm all for a nigga getting money and being successful and making moves, but the flashy flossing shit eventually is the downfall of the majority of these dudes. Everytime they up to them six and seven figures they wanna live like the white boys, them suits ain't flossing they shit, niggas deserve the punishments, living lavish lifestyles they can't even afford. Gotta respect some of the smart ones tho, 50 cent garbage and all, but he smart, his money in the bank, Ice Cube, Master P, don't wanna get into none of that bullshit illuminati so not even gonna mention gay z or scruff daddy. Nigga could have been bought a house instead of renting a mansion, fo real. deuces. WEST SIDE is the BEST SIDE!

    • X Drop BOMBS Like Nagasaki

      ^^Has posters on his wall of Elton John and Frank Ocean. Has a screen saver of Ru Paul

    • Anonymous

      ^^Gaybird.

    • X Drop BOMBS Like Nagasaki

      Hip hop for hood folk, you don't like how I'm typin then FUCK YOU! Fuck off a hip hop site. To many faggots nowadays complaining 'bout everything. "Oh, he writes ghetto" don't like it, like before FUCK YOU AND FUCK YOU MOMMA, stupid-ass white boys wanting to regulate a motherfucking genre they no shit about. We write how we speak, now eat a dick grammer police. WEST SIIIIDE!

    • Cage

      ^^^ So you have to come off sounding dumb as fuck just cause it's a hip hop site?? That makes you stupid AND lame, FOH nigga

    • Anonymous

      @hu WHY ARE U EVEN ON A HIPHOP SITE WORRYING ABOUT GRAMMAR AND SHIT?? FUCKIN LAME....

    • HU

      You sound stupid when you write but there was a good point inside of all that garbled half-language. Cheers!

  • Anonymous

    if you're in debt you have no business owning nor renting a damn mansion. man wtf. get an apartment. move in with a friend/family. live within your means. why do you need a mansion lol. celebrities kill me.

    • yes

      THANK YOU!! That's exactly what i was saying. Niggas love to show off how much they have when they're actually hurtin

  • Fuck Marcy

    While Jay-Z is living it up in Cuba...

  • Anonymous

    if you're in debt you have no business owning nor renting a damn mansion. man wtf. get an apartment. live within your means.

  • ... Anonymous

    In this closing statement, I would like to describe my firsthand experience of running afoul of this system. Our schooling, which is where the personality begins to form in a social context, effectively ignores any particularities of the individual. There is no individual approach, no study of culture, of philosophy, of basic knowledge about civic society. Officially, these subjects do exist, but they are still taught according to the Soviet model. And as a result, we see the marginalization of contemporary art in the public consciousness, a lack of motivation for philosophical thought, and gender stereotyping. The concept of the human being as a citizen gets swept away into a distant corner. Todays educational institutions teach people, from childhood, to live as automatons. Not to pose the crucial questions consistent with their age. They inculcate cruelty and intolerance of nonconformity. Beginning in childhood, we forget our freedom. ... Goodbye, BANG!

  • Jake

    No wonder he put out Muscle Car Chronicles without Spitta's permission. Dude is scrambling for promo/cash.

  • HU

    Dear article writer: A "windfall" is when you get a bunch of money, not lose it. Dame Dash deserves exactly what is happening. "Ballin' out of control" and acting like a coon on stage and on the O'Reilly show is not how you find true success. He needs to go to black high schools around the country and speak on how "ballin" and "gettin paper" is a bunch of stupid nonsense. If he would've put down the Cristal, shoes, and Bentley's and invested wisely his wealth would be growing and not gone. Seeing stuff like this makes me nauseous for so many reasons.

    • NoShit

      I thought i was the only one who noticed that shit. I was reading the article like damn how is he broke when he got a 20 mil windfall.

  • Snoop Dogg

    I told this nigga never make a hoe a housewife!!

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