co-director at bidiikazi couriers and Hadathan Agro Limited ...entrepreneur at heart,loves entrepreneurs who are the driving force of change and development,
If you own land in upcountry,
And that land is:
- Outside a municipality
- Outside a town or urban area
- Classified as agricultural land
- And below 50 acres
When you sell it,
- You pay zero Capital Gains Tax.
Regardless of whether you sell it for 2 million. Or 20 million. Or even 100 million.
If the above conditions are met, the gain is exempt from CGT.
But, do not sell the land, keep quiet and assume KRA will know it qualifies.
You must apply for the exemption and support it with evidence.
So if KRA shows up, demanding its 15% share, do not panic. Show them the facts:
- The land is agricultural.
- It is less than 50 acres.
- It is outside the specified urban areas.
Do this and you will walk away with all your money intact.
This 1 hour Yale lecture by Professor Ben Polak on game theory you will ever seen.
It will change how you think about decisions in negotiations, business, and everyday life.
INSTEAD OF WATCHING AN HOUR OF NETFLIX TONIGHT.
This 1 hour Stanford lecture by Joel Peterson will teach you more about negotiation and getting what you want than most people learn in years.
Bookmark it and give it an hour, no matter what.
INSTEAD OF WATCHING AN HOUR OF NETFLIX TONIGHT.
This 60-minute Cambridge lecture by Demis Hassabis will teach you more about the future of AI than most people will learn in the next 5 years.
Bookmark it and give it an hour, no matter what.
Marc Andreessen is the co-founder of Andreessen Horowitz, one of the most influential VC firms in the world.
On David Senra's podcast, he shared the 6 principles he lives by to build his companies:
1) Do not introspect, just move forward
JPMorgan CEO Jamie Dimon on the day he was fired from Citigroup after 15 years: "my boss called me in and said we want you to resign - to which I said, OK. I went home. the youngest one said, Dad, do we have to sleep on the streets?"
this is him explaining how he rebuilt a bank from a $511 million loss into the largest in America, what he does every Sunday with the problems he is avoiding, and what he told the man who fired him a year later
"it was my net worth, not my self-worth"
"I called him a year later. I told him I didn't think he did the right thing for Citigroup. then I told him the mistakes I made. he acknowledged my mistakes"
"if you split a taxi receipt, that's stealing. if I caught you doing that, I'd fire you"
"would you have your child work for that person? half the time we promote people, we would not let our kid work for them"
bookmark & watch the full conversation ↓