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Latoya Jackson

Latoya Jackson

Not too much good news has been coming from the Jackson family these days.

Michael Jackson’s older sister, La Toya, is about to lose her luxurious condo in Las Vegas, Nevada. The property is located in the Regency Towers of Las Vegas International Country Club. She reportedly owes $745,670.27 on a home she paid $260,000 for back in 1996, according to TMZ.

Yep, she tripled her money on the refinance and is now heading for the hills — she apparently had all her personal effects packed up and shipped elsewhere last month.

Anyway, the Clark County Recorder’s office has a scheduled auction date for the condo on September 30 (TODAY).