Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Chicago Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago on . Most recent reply

User Stats

248
Posts
172
Votes
Jennie Berger
  • Developer
  • Chicago IL
172
Votes |
248
Posts

How To Get: Chicago Building Materials Tax Exemption Certificate

Jennie Berger
  • Developer
  • Chicago IL
Posted

Hello Chicago Friends-

In doing my own due diligence (which involves calling the city ;) I have not gotten a totally clear answer as to whether or not we would qualify for tax exemption with regards to the building materials we purchase. Our current GC has one but he got it a long time ago. I'm sure rules and stipulations have changed. Can anyone shed some light on this? I understand these 3 categories below exist but am not sure if we fit into one of the 6 zones or not. (Their online maps are kind of cryptic. At least the ones I found on their website are...) 


1. 6 Enterprise Zones - city specific

2. River Edge Redevelopment Areas 

3. High Impact Business Area 

From Publication 139
"Contractors, sub-contractors, and other entities participating in a real estate
construction, rehabilitation, or renovation project in an Enterprise Zone or a River
Edge Redevelopment Zone – or for a state-certified High Impact Business – may
purchase qualified building materials for the project exempt from sales tax."


Thanks for any help!

Most Popular Reply

User Stats

4,073
Posts
2,480
Votes
Jonathan Klemm
  • Contractor
  • Chicago, IL
2,480
Votes |
4,073
Posts
Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

@Jennie Berger - I am not super familiar with the topic, but definitely appreciate your post.

We've got plenty of tax exemptions on some of the public jobs I've worked on but never for any residential.

business profile image
Quality Builders
5.0 stars
34 Reviews

Loading replies...