Most businessmen and women lease their vehicles for tax write-off purposes. But most rappers lease high end vehicles to floss for the ‘Gram (Instagram.com).
Rappers don’t dish out $200,000 or more in cash for luxury vehicles — especially if they owe state and federal income tax like Offset does.
Homes and cars are the first things Uncle Sam seizes to pay back taxes — but the IRS can’t seize leased vehicles.
So when rapper Cardi B and her husband Offset shared photos of their leased Lamboghinis vehicles from Motor Cars of Atlanta, their followers mocked them for claiming they purchased the cars for cash.
The first-time mom hopped on Instagram to deny the vehicles are leased.
“Why y’all be sayin’ that my cars are leased? Me and my husband, we don’t lease s**t around here,” she fired back in a video on Twitter and Instagram that was later deleted.
“And I had to cash out, completely, ’cause I don’t have a f**kin’ (driver’s) license. But I don’t give a f**k. If I’m gonna rap about having a Lambo, I’m gonna own a motherf**kin’ Lambo, you know what I’m sayin’?”