Tendeni

Coming up

@JDstudio254 Absolutely 💯

@Tendeni_ This is a good design✅️

A 4 bedroom house in Kisumu

@WashiraX Ok am curious about the landlord situation, have you paid your rent?

Court has warned KRA to go for real thieves, not NIL filers. There is a company called Kapwell Enterprises Limited. Their business is not complicated. They sell cargo clearing and forwarding services. When they started, they had no one to show them mashimo. They only had hope and determination. They hit the road. 2013, no deal. 2014, zero deal. 2015, no nothing. Kazi ni kufile tu NIL returns. As the director was busy tarmacking and accumulating tiny stones under his shoe heels, Some crooks had stolen & were busy importing goods using Kapwell’s KRA PIN. In 2018, Kapwell has known mashimo. They are minting real money. KRA notices. They decided to audit. Checking their internal customs system, they discovered that Kapwell’s PIN had imported goods worth 25M in 2013 and 2014. Yet they had filed NIL returns faithfully. KRA went mad. They took the 25M, added a fictitious 20% profit margin, computed income tax, VAT, penalties and interest, and slapped Kapwell with a tax bill of 11M. Next morning at 3am, the director akagurumuka. He reached for his phone to check time. Saw an email notification. Hoping it was a client, he opened it. Bahati mbaya, it was KRA. Delivering the bill. Sleep ended instant. • Lesson 1: usiku wacha simu sitting room. At dawn, without even taking tea, he rushed to KRA to report a system error. Akaambiwa ndugu keti. He was shown mad numbers on the screen. He swore he had never imported such goods. KRA wakamwabia hii utalipa. He ran to the police and reported a case of identity theft. Got an OB number. Took it back to KRA and asked them to investigate who had used his company PIN. He even gave them a list of competitors he suspected. He then served KRA all of his bank statements. They were all zeros for those years. But KRA could not hear any of it. As KRA is doing all this, it is unaware of one dangerous sentence chilling quietly in Kenyan tax law. It reads: • KRA SHALL make inquiries into all tax issues raised by a taxpayer. Make sure to underline the word SHALL. MANDATORY. KRA did not investigate. Their position was: • PIN ni yako. 11M ni yako. Lipa. Frustrated, he ran to court. The Tribunal asked KRA: Where is your investigation report? - KRA said hakuna. Tribunal invoked the one dangerous sentence. You still remember it? • KRA SHALL make inquiries. Tribunal ruled that the word SHALL is MANDATORY. Tribunal concluded Kapwell was a victim of identity theft. 11M tax was set aside. You would think that is the end. Noo. KRA retreated to Times Tower swearing: 11M haiwezi enda hivo. Aje? They appealed to the High Court. In court, Kapwell was asked: Why don’t you want to pay tax under your PIN ndugu? He responded: My lord, I have no problem paying taxes. But not for goods I never bought, never touched, and never sold. The good judge asked him: What do you mean? He responded: My Lord, if you owe your landlord 100K. You take the 100k bundle to his office and hand it to him. As he starts counting, a thief storms in, orders everyone down, and in the confusion the landlord throws the money back at you. The thief grabs it and disappears. Have you paid rent or not? The court went silent. The judge asked him: Kapwell what are you saying? He replied: My Lord, who should the landlord pursue for the money? You the tenant or the thief? Judge removed his spectacles. Paused. Then sided with Kapwell. The 11M tax was set aside. KRA wakaambiwa waende watafute wezi wawalipe. Case closed. Lesson 2. • KRA cannot tax a victim of identity theft. • KRA must go for the real beneficiary thief.

@keith1818648 @djeduhmaks Which Sacco?

@djeduhmaks Personally I really feel good knowing niko na elfu 95 mahali kwa sacco hivi yenye kikiumana siwezi rudi ushago immediately. I saved while earning 40k .Napewa dividends kila mwaka and I have access to a loan limit of kshs 475k,that is with guarantors. Bila guarantors bado napewa

Kwanini watu hujisumbua na kusave pesa btw. If you're not making more than 50k per month stop the delusion of saving. You restrain yourself from enjoying life because you're saving and you don't even know kama utavuka mwaka. Another set of people that annoy me are the ones that have money but they'll pretend they are suffering. Msee anaishi maisha ya lower class kabisaa ndo watu wasijue akona pesa, you don't buy expensive clothes, you have cheap phones or even live in slums penye ata siku moja utatoka mahali late udungwe kisu na wezi. For me I refuse to be these two sets of people. I will only save if I've finished dealing with my wants, I will live in secured estates so long as I can pay the rent and afford food and that lifestyle until my next payday and the cycle continues. We restrain ourselves so much for a life that's unpredictable.

@DESIGN_FOURTEEN Which Ai? Looks sharp and detailed

For Lukolis-Busia

@Musicbender1 @Mwitumi_arch Yeah, seen that

@Tendeni_ @Mwitumi_arch It counts. A one storey building is basically a bungalow.

Architects, isn't two storey just Ground and First floors?

@Mwitumi_arch Absolutely

@Tendeni_ We either revise the definition of storey within the building code and English language.....or the way we conventionally count stories in a building. But the two can't be right simultaneously as we use them.

@Mwitumi_arch Interesting. So, whats the point of calling it a storey building, when all buildings are essentially storey buildings for that matter

@Tendeni_ Building code 2024, storey (a). Would you be able to defend your answer?

@Jaye_lor I understand windows might be a bit expensive, but the living and bedroom deserve better

-Young bachelor -On a budget -Tired of landlord wahala Check out this one bedroom apartment I designed. I’m an architectural designer, let’s work💜

@moneyacademyKE Why a new pin, instead of setting current pin status as " pin with no obligation" Does the new pin reflect automatically with banks, Helb etc or has to be manually changed?

KRA has removed Nil Returns. Now, people with no income can apply for a “PIN with No Obligation” and won’t need to file returns every year. But once you start earning, you must update and file or face penalties.

@InvincibleHQ NO

Thragg addressing the fraud allegations:

My No app watching me open it with my airtel bundles

Absolutely

Visualised with @grok

The building is one thing, the environment around the building is even worse

@grovymango Had to be 17

@bungomaduke KRA looking for their 30 percent in the calculations

If you want to become a millionaire in just one year, rush to the nearest bank on Tuesday after the Easter Holiday and take a loan. You are not doing this for consumption but for an income-generating asset. This is how people move fast. Take that loan and buy a clean 14-seater like a Toyota Hiace. Put it where the money is. Ilete kwa hii Bungoma to Nairobi route. This route is always active. Day and night people are always moving.. Now let’s break everything down step by step so you understand clearly. First, the setup: Cost of matatu: Ksh 1,600,000 Loan finances the full amount. Tuseme Monthly repayment is Ksh 60,000. Let's go to how you will operate. You don’t operate casually. You maximize the vehicle. Daily plan: Morning: Bungoma → Nairobi Evening/Night: Nairobi → Bungoma That is 2 full trips per day Now income per trip: Passengers: 14 Fare per passenger: Ksh 1,500 So: 14 × 1,500 = Ksh 21,000 per trip Two trips per day: Ksh 21,000 × 2 = Ksh 42,000 per day Now monthly income: Assume 26 working days: Ksh 42,000 × 26 = Ksh 1,092,000 per month (total revenue) Now subtract expenses step by step. Fuel: Approx Ksh 12,000 per day Monthly: 12,000 × 26 = Ksh 312,000 Crew (driver + conductor): Ksh 3,000 per day Monthly: 3,000 × 26 = Ksh 78,000 Maintenance & other costs: Monthly estimate: Ksh 40,000 Now total expenses: 312,000 (fuel) 78,000 (crew) 40,000 (maintenance) = Ksh 430,000 Now subtract from revenue: 1,092,000 – 430,000 = Ksh 662,000 Now remove loan repayment: 662,000 – 60,000 = Ksh 602,000 net profit per month Now let’s make it even clearer. Monthly profit: Ksh 602,000 After 2 months: 602,000 × 2 = Ksh 1,204,000 You have already crossed one million. After 12 months: 602,000 × 12 = Ksh 7,224,000 From one matatu. Ukimaliza kulipa loan in about 2–3 years: You remove Ksh 60,000 repayment. New monthly profit: 602,000 + 60,000 = Ksh 662,000 per month At this point, the matatu is fully yours na pesa inakuja kukuja. This is how people scale: Year 1: Buy 1 matatu Year 2: Add a second using profits Year 3: Build a small fleet The secret is not just buying. Make sure you manage them well. Ensure full capacity trips ju demand iko high. Stick to a busy route like Bungoma–Nairobi Use disciplined crew Track daily income Maintain the vehicle properly If you get this right, one matatu is enough to completely change your financial direction. Stop looking for complicated businesses. Sometimes the simplest models executed with discipline and consistency are the ones that create real wealth. Hii ni Siri nimewapea...

@Bossyator Is it cheap labour, or poor details here?

Cheap labour is not really that cheap. It's a false economy. Don't be like him!.

@ignyharaz2 Kitchen sink doubles as bathroom sink?

Meanwhile, in Zimmerman, you can rent yourself such a beautiful bedsitter at on Ksh. 8,500 per month 😂😂😂. Someone want to have 200 units in a 6 storey apartment in a 50x100. 😂