Selling NFA items?

[lostgeorge75]

I've got to many financial irons in the fire and I think my NFA toys are going to draw the short straw. I know how individual to individual transfers work. What I don't know is how an individual to individual transfer works when using a dealer to help. Does the dealer take possession of the items or is it just like an individual trasnfer?

 

[patracy]

NFA items can transfer person/trust to person/trust if both parties reside in the same state. If the transfer happened between different states a FFL in the receiving state has to be in on the transaction. The problem with this is that you get double taxed. The dealer in the next state has to pay the tax on it since it's not on a F3. Then the buyer in the other state has to pay the tax once more. And yes, the dealer takes possession once the form from the seller to him clears.

 

[Leatherneck]

Does the person/trust receiving the NFA item have to pay the $200 for a stamp if the seller and buyer are in the same state?

 

[jkaczyn18]

Does the person/trust receiving the NFA item have to pay the $200 for a stamp if the seller and buyer are in the same state?

Yep.

 

[lostgeorge75]

I've done a individual to individual sale once. Seems like that's the best course. I've got too many expensive hobbies and my silencers haven't gotten nearly as much use as I expected.

 

[patracy]

Does the person/trust receiving the NFA item have to pay the $200 for a stamp if the seller and buyer are in the same state?

There are two things certain in life. Death and taxes.

 

[ReservoirDawg10]

I've got to many financial irons in the fire and I think my NFA toys are going to draw the short straw. I know how individual to individual transfers work. What I don't know is how an individual to individual transfer works when using a dealer to help. Does the dealer take possession of the items or is it just like an individual trasnfer?

So...watcha sellin?

 

[lostgeorge75]

So...watcha sellin?

If I do it will be a Tirant 9 and Specwar 762. Probably sell my SBR upper and just take my lower off the registry.

 

[Matts13]

What you want for the tirant 9?

 

[ReservoirDawg10]

If I do it will be a Tirant 9 and Specwar 762. Probably sell my SBR upper and just take my lower off the registry.

Post 'em up! May be interested in that specwar