Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
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 almost 4 years ago on . Most recent reply

User Stats

250
Posts
174
Votes
Jennie Berger
  • Developer
  • Chicago IL
174
Votes |
250
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

4,112
Posts
2,505
Votes
Jonathan Klemm
  • Contractor
  • Chicago, IL
2,505
Votes |
4,112
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...