Obtaining A Home based FFL

[bushmaster 1]

Could someone (preferably someone who has already obtained a home base ffl) tell me step by step instructions on what they did?

And do you set up shop before or after your atf interview? Do you need to have a llc, insurance ect before you get your license or after?

Answers to these type of questions would be very helpful.

Thanks in advance

[bushmaster 1]

ps..I'm looking to do more gunsmithing then sales of guns..Thanks

[henrym 19]

I work for a relatively new FFL shoot me a pm.

 

One thing you should know - If you are not a formally trained gunsmith, take caution. Your insurance, even though you're required to have it, might not cover any accidents.

[JT Custom Guns 956]

PM sent.................

[JackDaWack 2,895]

Could someone (preferably someone who has already obtained a home base ffl) tell me step by step instructions on what they did?

And do you set up shop before or after your atf interview? Do you need to have a llc, insurance ect before you get your license or after?

Answers to these type of questions would be very helpful.

Thanks in advance

remember the government has full access to where your FFL is located.

[Oakridgefirearms 224]

Zoning is going to be your biggest hurdle, if the town allows you to do it, the rest should be achievable. I do not have a home based FFL, but I believe you will need to set up a shop separate from you living quarters in your house. Keep in mind you will need to run a full blown business - Fed tax ID number, NJ sales tax, file income tax returns for the business (your accountant is going get paid a lot more to do your taxes) and business bank accounts. Insurance is not required to run a business, but you'd be a fool not to have it. Insurance for gunsmithing is a lot more expensive than for only selling guns. Look into all this before you commit to anything.

[SJ ED 0]

You need to have an actual "Storefront" with regular hours, etc. last time I checked.  Keeps out people who want to fly under the radar buying and selling guns.

[nuclearheli 40]

You need to have an actual "Storefront" with regular hours, etc. last time I checked. Keeps out people who want to fly under the radar buying and selling guns.

Not true, a storefront is not one of the requirements.

[bushmaster 1]

I can still buy and sell guns even if my business is mainly for gunsmithing with a FFL? A ffl gives you the right to do both correct??

[nuclearheli 40]

I can still buy and sell guns even if my business is mainly for gunsmithing with a FFL? A ffl gives you the right to do both correct??

Yes

[PK90 3,570]

You still need a NJFL

 

Sent from an undisclosed location.

 

 

[bushmaster 1]

Yes PK90.

 

I'm trying to get the "Use of" Variance from zoning now. If that gets approved, then I attach the approval letter to the NJSP application for a retail firearms license. Then I would imagine if that gets approved I can apply for my FFL with ATF.  Another question is. When should I form my LLC??

Thanks

[Newtonian 453]

I work for a relatively new FFL shoot me a pm.

 

One thing you should know - If you are not a formally trained gunsmith, take caution. Your insurance, even though you're required to have it, might not cover any accidents.

I recently upgraded my homeowner insurance with an umbrella policy. I asked the agent, specifically, if it included accidents and actions that might be deemed, under legal discovery, to be semi-voluntary or even voluntary. She said yes.

 

So I asked, specifically, if I ran someone over. "Yes."

 

I then asked, "what if I shoot someone." She laughed and said "yes."

 

Now what actually happens, god forbid, I can't say.

[Oakridgefirearms 224]

Yes PK90.

 

I'm trying to get the "Use of" Variance from zoning now. If that gets approved, then I attach the approval letter to the NJSP application for a retail firearms license. Then I would imagine if that gets approved I can apply for my FFL with ATF.  Another question is. When should I form my LLC??

Thanks

I would form your LLC after you get zoning approval but before you apply for any licenses, otherwise you will need to change the names on your licenses after you get them, and that can be a pain.

 

Forming an LLC is easy and an can be done from your computer in minutes.