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Private Handgun Sales?

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Can handguns be transferred privately the same way rifles can? I know a permit is still required, but I'm not sure what else is.

 

I've got a couple I'm looking to part with and want to know what's involved.

You are limited to how many 'private' sales you can do per year.

It is 5, right?

I remember reading a few years ago that under RICO laws the ATF could prosecute you as an illegal arms dealer if you sell more then a certain # of guns in a year w/o an FFL. I thoght the # was 5.

I remember reading a few years ago that under RICO laws the ATF could prosecute you as an illegal arms dealer if you sell more then a certain # of guns in a year w/o an FFL. I thoght the # was 5.
\

 

There is no magic number.

Good to know, they can prosecute at will.

I remember reading a few years ago that under RICO laws the ATF could prosecute you as an illegal arms dealer if you sell more then a certain # of guns in a year w/o an FFL. I thoght the # was 5.
\

 

There is no magic number.

 

 

This what matters is if they can show a "Pattern of Behavior" For instance, you bought 20 AR lowers when they were $99.00 each from say Elite Arms no worries, no limits as to how many you can purchase. NOW, 3 years later the panic is full blown and you sell off 10-15 of those recievers for $300.00 each. NOW you are acting as an unlicensed dealer as you are clearly selling those receivers to make a profit.

I remember reading a few years ago that under RICO laws the ATF could prosecute you as an illegal arms dealer if you sell more then a certain # of guns in a year w/o an FFL. I thoght the # was 5.
\

 

There is no magic number.

 

 

This what matters is if they can show a "Pattern of Behavior" For instance, you bought 20 AR lowers when they were $99.00 each from say Elite Arms no worries, no limits as to how many you can purchase. NOW, 3 years later the panic is full blown and you sell off 10-15 of those recievers for $300.00 each. NOW you are acting as an unlicensed dealer as you are clearly selling those receivers to make a profit.

 

that's right, cause how dare a private citizen turn a profit on his or her personal property!

I remember reading a few years ago that under RICO laws the ATF could prosecute you as an illegal arms dealer if you sell more then a certain # of guns in a year w/o an FFL. I thoght the # was 5.
\

 

There is no magic number.

 

 

This what matters is if they can show a "Pattern of Behavior" For instance, you bought 20 AR lowers when they were $99.00 each from say Elite Arms no worries, no limits as to how many you can purchase. NOW, 3 years later the panic is full blown and you sell off 10-15 of those recievers for $300.00 each. NOW you are acting as an unlicensed dealer as you are clearly selling those receivers to make a profit.

I would think that 3 years is an extremely long time for a "dealer" to sit on guns to make a sale. If the turn around time is 3 weeks, that is another story.

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