Ever want to buy a used gun but...

[Geezer]

If the feds get wind of a person buying and selling guns for a profit, they are going to nail someone's hide to the barn door if they don't have an FFL.

And, the IRS will be along to make sure they get their cut of the profit.

 

[Axxe55]

And, the IRS will be along to make sure they get their cut of the profit.

Like vultures!

 

[Fishkiller]

I thought I read somewhere... 5 transactions per year. Over that and you are considered a dealer and need to ge t the aforementioned FFL. The selling for a profit thing was not part of it. That is what I recall, and that could be bad info. So if you get caught and go to court I will testify to the 5 gun rule, bit only of it helps you and I get one of the guns over 5.

 

[Axxe55]

I thought I read somewhere... 5 transactions per year. Over that and you are considered a dealer and need to ge t the aforementioned FFL. The selling for a profit thing was not part of it. That is what I recall, and that could be bad info. So if you get caught and go to court I will testify to the 5 gun rule, bit only of it helps you and I get one of the guns over 5.

I'm not saying you are wrong about the five transactions a year, but I have yet to see anything from the BATF that supports that statement. I have heard of people being arrested and charged with selling as an unlicensed gun dealer for less than that.

And to be honest, I have heard other people make the claim about the five transactions per year for private sales of guns. But not one person I have asked in over ten years, has yet provided any proof of that claim.

If such does exist, I'd like to see the proof. And something from the BATF would be even better.

 

[candcallen]

You can buy and sell all you want to build or liquidate a collection.

When you're an obvious flipper or selling only for profit they can get you.

Like I said people screw themselves on this one. Like buying and immediately selling on TG Trader by taking pics of the gun in your lap in your car. A couple dozen times, never keeping one.

Guys who buy guns for a friend and resell it at a profit or sell guns for a friend alot.

Dont think they cant find private sale info. The internet is forever.

If you really want to know what trips people up google the dealing without a license cases.

I think it's all unconstitutional bullsheit but it's the rules we have to live by, at least for now.

 

[toddnjoyce]

Since this is continuing to stay alive, ATF does have a handy publication to help delineate when it’s interpreted that an FFL is required.

“As a general rule, you will need a license if you repetitively buy and sell firearms with the principal motive of making a profit. In contrast, if you only make occasional sales of firearms from your personal collection, you do not need to be licensed”[\b]

https://www.atf.gov/file/100871/download

 

[Axxe55]

Since this is continuing to stay alive, ATF does have a handy publication to help delineate when it’s interpreted that an FFL is required.

“As a general rule, you will need a license if you repetitively buy and sell firearms with the principal motive of making a profit. In contrast, if you only make occasional sales of firearms from your personal collection, you do not need to be licensed”[\b]

https://www.atf.gov/file/100871/download

That is the part I have read several times in the past. At no time is an exact number of transactions mentioned in that clause.

IMO, the number of transactions is an arbitrary number, probably left to the discretion of the agent or officer to determine.