autoxnyc 4 Posted April 5, 2010 Is there a restriction on how long I need to own a firearm before I can sell it? I was told I need to own it for a year before I can legally sell it to a private party. Is this true? thanks, Daniel Quote Share this post Link to post Share on other sites
coldsolderjoint 84 Posted April 5, 2010 Is there a restriction on how long I need to own a firearm before I can sell it? I was told I need to own it for a year before I can legally sell it to a private party. Is this true? thanks, Daniel As an individual, you can not buy a gun with intent to re-sell it. If you change your mind, like something else better, need to raise cash for a new purchase, etc, these are all perfectly acceptable. I've sold a gun 1 day after I bought it because it turned out not to be what I expected. Quote Share this post Link to post Share on other sites
tj462nj 32 Posted April 5, 2010 the year restriction is only if your an ffl and you sell a gun to yourself, then you can't resell it for a year Quote Share this post Link to post Share on other sites
autoxnyc 4 Posted April 5, 2010 Thanks for the clarification guys. Quote Share this post Link to post Share on other sites
coldsolderjoint 84 Posted April 6, 2010 the year restriction is only if your an ffl and you sell a gun to yourself, then you can't resell it for a year Thanks for the clarification Tony. I've edited my first post. Quote Share this post Link to post Share on other sites