IRS places $1.4 billion liens on Brockman’s Aspen properties

Six liens filed Friday, 4 in Pitkin and two in Eagle, on Brockman and his properties

Three Aspen properties purportedly owned by Robert Brockman had been hit with tax liens totaling greater than $1.4 billion final week as a part of the federal authorities’s tax fraud and evasion case in opposition to the Houston billionaire.

Liens of the equivalent quantities additionally had been filed in opposition to Brockman individually in each Pitkin and Eagle counties Friday, in line with public paperwork.

The six liens are all for private revenue taxes the IRS contends Brockman owes for the intervals ending 2004 by means of 2007, 2010, and 2012 by means of 2018. Brockman’s unpaid balances to the IRS vary from $7.487 million in 2007 to $302.227 million in 2004, in line with the liens.

“We’ve made a requirement of fee for legal responsibility, however it stays unpaid,” stated the liens. “Subsequently, there’s a lien in favor of the USA on all property and rights to property belonging to this taxpayer for the quantity of $1,418,272,371.71 these taxes and extra penalties, curiosity, and prices that will accrue.”

Robert and Dorothy Brockman. Federal prosecutors have charged Robert Brockman, who owns property in Aspen and Pitkin County, in a $2 billion tax fraud.
AP File Photograph

Brockman, 80, has pleaded not responsible to 39 federal prices that embody wire fraud and cash laundering as a part of an alleged $2 billion tax scheme, the most important quantity ever for a U.S. tax case, the federal government has stated.

Brockman is the founder and former CEO of Dayton, Ohio-based Reynolds and Reynolds Co., which sells enterprise software program to auto dealerships. He’s accused of hiding revenue he made on his investments in personal fairness funds from the IRS.

Protection attorneys contend Brockman is incompetent to face trial as a result of he strains to grasp and retain info, presumably a symptom of Parkinson’s or a form of dementia. That matter is pending earlier than a federal court docket choose in Houston.

Brockman’s indictment, issued in October, referred to 2 of his native actual property acquisitions and stated he was a resident of each Houston and Pitkin County.

Extra ripples had been felt regionally when the feds in March expanded their probe into Brockman with a U.S. Legal professional’s Workplace’s civil forfeiture grievance, which was filed in an try and seize a 100-acre property within the higher Fryingpan River Valley. Regardless that the ranch is just not owned instantly underneath the identify of Brockman, he’s nonetheless the one who owns it, the grievance stated.

“The property is titled within the identify of Henke Property, LLC,” stated the grievance, which was filed within the U.S. District Courtroom for the District of Colorado in Denver. “Henke Property, LLC, on paper, is 100% owned by Henke Holdings, LLC. Each entities had been shaped in Colorado on September 7, 2005, on the route of Brockman.”

That case is pending, and Brockman’s attorneys argued in a July pleading that Brockman has solely leased the Fryingpan property — which is positioned at 121 Ash Street — however has no possession in it.

The tax liens filed final week stated Henke Holdings is an “alter ego” of Brockman’s. Likewise, they stated different restricted legal responsibility firms — that are the homeowners in title of the properties in query — are Brockman’s alter egos.

In the meantime, final week’s liens had been filed on the next Aspen properties, particulars of that are primarily based on info from the Pitkin County Clerk & Recorder’s Workplace and the Pitkin County Assessor’s Workplace. All three properties are positioned on roads off Freeway 82 leaving Aspen.

• The property at 10 Popcorn Lane is titled underneath Troublesome LLC, primarily based in Houston. The five-bedroom, four-bathroom house was constructed within the mid-2000s and reworked in 2013. The Pitkin County Assessor’s Workplace provides the 4,271-square-foot property, which sits on 1.6 acres, an precise worth of $9.117 million and an assessed worth (the quantity used to calculate property tax funds) of $651,870. Troublesome LLC acquired the property for $5.26 million in March 2011, previous to the transform.

• Beneath the possession of Mountain Queen LLC in Aspen, 230 McFarlane Street is also positioned off Freeway 82 towards Independence Go. The 1987-built house has 5,811 sq. toes of liveable house. The assessor’s workplace provides it an precise worth of $15.933 million and taxable worth of $1.139 million.

• Down the highway is 300 McFarlane Gulch Street, which is underneath the possession of Henke Property of Aspen, which paid $4.6 million for the 12-acre property in September 2005. The land contains two cabins — a 2,977-square-foot residence with two bedrooms and two bogs, and a 1,391-square-foot house, additionally with two bedrooms and two baths. Each wood-frames had been inbuilt 1975 and have a mixed precise worth of $4.096 million and an assessed worth of $292,930.

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