The latest blow in Nicolas Cage’s financial battles came Thursday when two of the actor’s New Orleans homes were sold at auction, according to CNN.com.

The star of films like Leaving Las Vegas and Valley Girl already owes over $6 million in back taxes to the IRS, now Cage’s once thriving finances have been dealt a double whammy with the New Orleans homes – located in the historic French Quarter – being sold at auction on Thursday.

Regions Bank reportedly snatched up both properties for $4.5 million, a bargain on the estates, which were appraised for more than $6.8 million in total.

Last month, Cage filed suit against his allegedly “incompetent business manager,” who the star blames for driving him to financial ruin.