Here is a link to the statute that is used to calculate the Illinois Property Tax for Section 42 Low-Income Housing Tax Credit (LIHTC) Projects: 35-ilcs-200-property-tax-code-33-percent-of-the-fair-market-value-of-their-economic-productivity-to-the-owners-1Download I suspect that none o...
You'll need to install a 11.69 kW solar panel system to cover the average electric bill in Illinois, which will cost you about $24,898 after the federal tax credit. Cost for an average system in Illinois Out of pocket cost, cash $35,568 Federal tax credit (30%) - $10,670 ...