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A contractor, which is a qualified business, buys building materials for construction on, or repair of, property of an owner who is not a qualified business. Does the contractors exemption apply?

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A contractor, which is a qualified business, buys building materials for construction on, or repair of, property of an owner who is not a qualified business. Does the contractors exemption apply?

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No. The construction material exemption is available only if the property owner is a qualified business.

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