UPDATE 10/3 - Injunction covers all FPC members - ATF publishes their pistol brace rule

[BigMike]

So it's a form 1-4 then. LOL

It's something. It's definitely not the traditional form 1 those of us that play in the nfa sandbox know. I'm even told you can't use the tax free form 1 to put your firearm into a trust without paperwork to show the trust had possession of the firearm before 1/13. I don't know of a way a trust could purchase a firearm with supporting documentation. A 4473 has no spot to pick who/what is buying it. Not even a nfa item has that. There are options on who/what to transfer to, but not who/what bought the item.

 

[nitrousfedlx]

It's something. It's definitely not the traditional form 1 those of us that play in the nfa sandbox know. I'm even told you can't use the tax free form 1 to put your firearm into a trust without paperwork to show the trust had possession of the firearm before 1/13. I don't know of a way a trust could purchase a firearm with supporting documentation. A 4473 has no spot to pick who/what is buying it. Not even a nfa item has that. There are options on who/what to transfer to, but not who/what bought the item.

That makes no sense whatsoever! How could the NFA trust "own" it if it wasn't considered an NFA item before 1/13? This **** is getting dumber by the minute! So then it has to get filed as an individual? Could we then do an amendment page and add it to the trust afterwards?

 

[Please Delete]

That makes no sense whatsoever! How could the NFA trust "own" it if it wasn't considered an NFA item before 1/13? This **** is getting dumber by the minute! So then it has to get filed as an individual? Could we then do an amendment page and add it to the trust afterwards?

you can xfer it to the trust for $200. On a form 4.

 

[BIKER13]

That makes no sense whatsoever! How could the NFA trust "own" it if it wasn't considered an NFA item before 1/13? This **** is getting dumber by the minute! So then it has to get filed as an individual? Could we then do an amendment page and add it to the trust afterwards?

oh what a tangled web we weave......................................................

 

[BigMike]

That makes no sense whatsoever! How could the NFA trust "own" it if it wasn't considered an NFA item before 1/13? This **** is getting dumber by the minute! So then it has to get filed as an individual? Could we then do an amendment page and add it to the trust afterwards?

I'm speculating here.....has to be filed for free to an individual. I'll know more in a few days....I'm picking up something that I will be filing a form 1 on.

 

[Timber Cruiser]

Free men don't ask.

We know.

 

[GTOTTY]

I may be wrong but it looks like they are holding it out entirely as something separate. It's only for qualifying pistols that already have braces. eg...You can't do the "tax free" application on a stripped lower that you intend to put a brace on. You have to submit photos of the gun at time of filing. So it may not have all the same attributes of a traditional sbr. It may be a while till we know all the deets

That's why I did two, one is a complete PSA AR-9 the other a lower with a brace, wanted to try it lol.

 

[spencer60]

so is a brace ok to use as long as the barrel is 16"?
or is the brace some kind of new magic that makes everything sbr?

If it's 16" you can just put a stock on it and it's a rifle.

It's something. It's definitely not the traditional form 1 those of us that play in the nfa sandbox know. I'm even told you can't use the tax free form 1 to put your firearm into a trust without paperwork to show the trust had possession of the firearm before 1/13. I don't know of a way a trust could purchase a firearm with supporting documentation. A 4473 has no spot to pick who/what is buying it. Not even a nfa item has that. There are options on who/what to transfer to, but not who/what bought the item.

You could put a regular (non-NFA) item into a gun trust after purchasing it as an individual as long as you have the right to do so (trustee?). You don't need to do any paperwork with the ATF to do that like you would with an NFA item.

A trust really isn't just for NFA items, but there was never any reason to do it for anything else. In fact the atty who wrote up my old one specifically told me not to add non-NFA items.


That's weird about the Form 1 being different though. They didn't go into any of that in the new rule from what I saw.

 

[Glock 21]

If it's 16" you can just put a stock on it and it's a rifle.



You could put a regular (non-NFA) item into a gun trust after purchasing it as an individual as long as you have the right to do so (trustee?). You don't need to do any paperwork with the ATF to do that like you would with an NFA item.

A trust really isn't just for NFA items, but there was never any reason to do it for anything else. In fact the atty who wrote up my old one specifically told me not to add non-NFA items.


That's weird about the Form 1 being different though. They didn't go into any of that in the new rule from what I saw.

This explains the form 1 process

https://www.atf.gov/rules-and-regulations/docs/undefined/eformone-externalguidancewithqapdf/download

This is a breakdown of the final ruling

https://www.atf.gov/rules-and-regulations/docs/undefined/finalrule2021r-08f508pdf/download

 

[poopdaddy]

If it's 16" you can just put a stock on it and it's a rifle.

i get that, but what is gonna urinate them off more? the brace or a stock? plus you never really reconfigure the gun, so its a pistol with a rifle length barrel. not a pistol converted to a rifle...