The customer probably shot off his mouth saying the lowers were an "investment" or something of that nature.
Once you tell your FFL some crap like that guess what, he reports you. They have to.
The customer probably shot off his mouth saying the lowers were an "investment" or something of that nature.
Once you tell your FFL some crap like that guess what, he reports you. They have to.
From experience and actually talking to the ATF that, I believe you should have an FFL if you are buying guns to sell more or less immediately.
Keeping it in your safe for a few years as an investment is a different matter. Also, if you're taking them out and shooting them, then deciding not to keep them it's different.
There's a lot of grey area there. Just like most gun laws. Personally, I'm a big fan of CYA.
Keeping it in your safe for a few years as an investment is a different matter. Also, if you're taking them out and shooting them, then deciding not to keep them it's different.
There's a lot of grey area there. Just like most gun laws. Personally, I'm a big fan of CYA.
You don't fill out 10 4473s in this situation. You fill out one and attach a sheet with all the firearm descriptions in addition to the spaces provided. All 50 would be attached to the same 4473 and have one NTN associated with the one 4473.
Please explain.
Just handguns.
States boardering Mexico have to do multiples on rifles, thanks to fast and furious.
probably has something to do with the fact you just told your local FFL holder that you plan to resell these. That would indicate that you are purchasing them for someone else. Even if you don't know who yet. That is 2 felonies. Falsifying a 4473 and straw purchase.
You come buy 50 lowers, and tell me, when the ban hits, you are going to be rich.
It is illegal for an FFL to transfer firearms to an individual knowing they are buying them to sell them.
You could be an ATF agent, seeing if I am following the rules.
If I dont report you, and you ARE an ATF agent, guess what?
I lose my license, face potential jail time, could lose my right to own firearms alltogether.
Is losing my license, going to jail, not being able to enjoy my 2nd amendment right worth it so you can make a couple of thousand dollars?
HELL NO.
I will "rat" you out bigger than ****.
When you become an FFL, you are LIKE an extension of the ATF.
It's not a joke, it's no BS.
I dont care if a customer buys 1000 stripped lowers. However, if you TELL ME things. I have no choice but to report it, or my days are numbered.
Does this make sense?
And with me, to be honest, the above is not totally true,
I would not go fourth with the sale, if you were buying them from me.
It would be cancelled right then and there. Thus, I would have nothing to report.
I would not go fourth with the sale, if you were buying them from me.
It would be cancelled right then and there. Thus, I would have nothing to report.
