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On 1/16/2023 at 1:49 PM, taylorwso said:they do specify but it can be a "receiver/frame" which is neither a pistol or rifle.
Not only "can" it be listed as a Frame or Receiver but it "must" be listed that way in your bound book or you'll get dinged by the IOI during an inspection.
A licensee must record the type of firearm as a “frame” or “receiver” (as applicable) in the acquisition and disposition (A&D) record and on the ATF Form 4473. The licensee must also include in any record the make, model, and serial number of the frame or receiver.
As a frame or receiver is neither a shotgun nor a rifle, a licensee is prohibited from selling or delivering a frame or receiver to any individual the licensee knows or has reasonable cause to believe is less than 21 years of age.
[18 U.S.C. 922(b)(5), 27 CFR 478 .11]
1 hour ago, StrangeRanger said:As I understand it if the original paperwork filed by the manufacturer lists the type of firearm as a rifle receiver, then no matter what you do to it, it remains a rifle. Put on a short barrel and remove the stock and it does not become a pistol, it becomes an unregistered SBR. If the original paperwork lists it as a pistol then you can remove the brace and it becomes a pistol again; or you can add a brace/stock and paper it as an SBR
There's no such thing as a "rifle" or "pistol" receiver, until a receiver is built with an upper, it's an "other" - receiver. If you build it with a stock, then it's a rifle if you build it without one or with a brace then it's a pistol, end of.
The LLC is the owner, as long as the owner of the NFA item is "alive" the NFA item may be possessed by that owner even after the owner gives up his SOT and FFL just like a Sole Proprietor. The only thing you have to give up is Post Samples when you give up your SOT.
Buy the next level up... 
Half of my pre-samples are missing the red "sales sample only" stamp on the bottom, they're still restricted from being transferred to non-licensees.
Has anyone actually figured out why these SBRs require a demo letter yet?
1 hour ago, taylorwso said:I wrote a letter, sent a email, no response.
I just marked destroyed in my bound book.
Yes, they don't always respond and if they do, you may get the letter 2 years later.
2 hours ago, Firearms Enthusiast said:I'll take whats left. PM sent
All yours, didn't get the PM but I sent you one for payment info. Thanks.
I have 20 15 Madsen M-50 magazines available in excellent to unissued condition at a very reasonable $45/ea shipped. If you want to bundle, I'll do 5x for $215, 10x for $420 or the remaining 15 for $620 shipped.
Regards
JC
Looks like an HK93 A3 stock to me...
Edit: Nvm, missed that cutout on my phone... I thought the early universals had 3 notches though.
Im not going to read your state's law but it's likely that it's written so that it covers the Marketplace facilitator (GB, eBay, etc) who likely has much more than 100k in total transactions in that state and thus all transactions which use the facilitator that terminate in the state in question are covered by the limit, or it could be that there is no minimum sales limit on facilitators in the 1st place, regardless of the company that's selling the items through the facilitator. Your business sales on your own website would be separately covered by the minimum limits though so if you only have a few sales in the state in question you would not need a tax id there nor would you be required to submit sales tax on behalf of your own business.
With regards to your Lowes doors, they will get a 1099-K from their CC processors for all CC transactions at the end of the year. Additionally yes any garage saler who uses Venmo or similar will now get a 1099-K at the end of the year if any of their transactions during the year exceed $600 with no minimal number of transactions, thanks to the Infrastructure bill. What you wont get is a 1099-K for any PayPal F&F or Zelle transactions as they are personal money transfers and not intended to be used for commercial payments.
On 3/10/2022 at 4:07 PM, PoliteSociety said:I went and test fired it today. It was a little dirty and did hang on a few rounds. When F4 is approved I'll send it over to Val to get tuned. Thanks again for everyone's help
Have your FFL send it out now while you're waiting.
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21 minutes ago, Ryo said:and having what ever I make be posted to the IRS because it is over $600 is frustrating...
Gunbroker does not file 1099-Ks for your sales, the law requires payment processors to file it not marketplaces.
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Any attempt to circumvent their rules is going to end in an account lock, not really sure what you're complaining about other than you got caught. They are not charging an "illegal" sales tax btw, yes it sucks but unfortunately the SCOTUS ruled in SD v Wayfair that states are legally allowed to require marketplace facilitators to collect sales tax on their behalf from sales transacted from their networks. GB is required to collect and remit the sales tax in those states which in their wisdom have passed marketplace facilitator tax laws. It's the same with eBay and Amazon, etc. If you don't like it you can try to get around it with the please contact with questions trick and either set a stupid high reserve or initial bid price so you get offline offers but IMO you're losing money and time in the end. Guys like Babb and Mitchell still make out like bandits with their no-reserve penny auctions even with the sales tax on top.
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On 3/21/2022 at 10:06 AM, Ryo said:I'm on the same thought as the other guys on selling the AC556. Personally I never liked that format.
HK sear definitely would be one to consider. My MP5 is a fun one to shoot.. but the sear would let you to shoot other HK platforms.
I've owned all of the pre-samples, IMO there's no reason to own any of them other than the MP5. If I were a non-SOT, I'd own a transferable double push pin MP5 over any sear combo.
If you want a beltfed, the 1919A4 is the way to go, as mentioned though it is a bit of a pain to lug all that crap out to the range for a quick blast.
34 minutes ago, MontanaRenegade86 said:I can name one, because I made that kind of a deal just a few short days ago with a very well known dealer.
He made an offer, and I agreed to take 50% of the offer now, and 50% when the Form 4 is approved.
I had no objections to the 50/50.
In a market like this, why would you do that? There's no reason for a buyer to take less money now than the MG would be worth 6-12 months from now for the disincentive to accept 50% down.
Dealers don't pay you 50% for your gun, at least I don't maybe Im doing it wrong... lol. After they've already paid the current owner in full and submitted the F4 to dealer transfer paperwork, they offer it to the next buyer for 50% down as an incentive to purchase before the first transfer is approved. Nothing shady in that.
I mean, all SOTs will get or already have received this notice from the ATF, do you really need to post an "alert" on a forum about it?
You can create your real sig (like you would with a pen) and save it to Adobe to use in PDFs.
I can tell you that you're not going to find a used one any cheaper, 12-14 is the market value. OTB was selling the older SCRC sten cans for 2k+ before they ran out.
1 hour ago, Schmeisser Guy said:Uhhhh, I don't think you read the post correctly. Read it again.
Let's break down his paragraph...
On 10/15/2021 at 5:12 PM, gftiv said:I lived in Iowa many years ago. Transferred guns in and out there.
This establishes that he once lived in Iowa and bought and sold guns while living there.
On 10/15/2021 at 5:12 PM, gftiv said:Moved to Michigan 30 years ago.
He moved to MI 30 years ago...
On 10/15/2021 at 5:12 PM, gftiv said:Recently sold gun purchased in Iowa and transferred the gun out of state.
Recently (while still living in MI one would assume from the previous statement) he sold a gun that had been purchased in IA (bought while he lived in IA 30 years ago, again one would assume from the preceding statements).
On 10/15/2021 at 5:12 PM, gftiv said:They mailed the approved form to Iowa. Guy in Iowa mailed it back to ATF. Maybe it pays to update address
The ATF mailed the approved form to IA (to his old address?? not sure on this but it logically follows from the previous) and the current resident mailed it back to the ATF.
On 10/15/2021 at 5:12 PM, gftiv said:Maybe it pays to update address
ETA: I guess I assumed it was a MG (or SBR/SBS/DD) which would require a 5320.20 before moving out of state. It of course could have been a suppressor or AOW which would not have required one, in that case, yeah voluntarily updating your information would avoid a hassle.
If you move states, you must request permission on a 5320.20 before you move the NFA item. You're lucky that's the only issue you had.
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They request it, it's not required. Feel free to ignore or follow the request on the Post-It.
My advice, if it's in the same state, do the change of address request on the current FFL so that any currently in process F4s continue their journey through the system and apply for your new FFL separately. You can have more that 1 FFL at the same premises.
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Gunbroker purchase - what would you do?
in NFA / Semi Forum
Posted
Just an FYI but a Google search of the text in the ad description shows this gun sold on GB on Dec 10, 2023. The listing you posted is a scam, don't pay.