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Law & Order
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<blockquote data-quote="ez bake" data-source="post: 2084642" data-attributes="member: 229"><p>This is being discussed on several websites. Buying with the intent to sell is an act of being "engaged in the business" as the other reasons to buy/sell are clearly defined by the ATF.</p><p></p><p>Here's a good write-up from ARFcom:</p><p></p><p></p><p></p><p>What does “engaged in the business” mean?</p><p></p><p>The term “engaged in the business,” as applicable to a firearms dealer, is defined as a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms, but such term shall not include a person who makes occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms.</p></blockquote><p></p>
[QUOTE="ez bake, post: 2084642, member: 229"] This is being discussed on several websites. Buying with the intent to sell is an act of being "engaged in the business" as the other reasons to buy/sell are clearly defined by the ATF. Here's a good write-up from ARFcom: What does “engaged in the business” mean? The term “engaged in the business,” as applicable to a firearms dealer, is defined as a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms, but such term shall not include a person who makes occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms. [/QUOTE]
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