hometheaterman
Regular Member
I'm having a debate with another guy about if it's legal to buy and sell guns with the intent to make a profit without having a FFL. Now page 7 of this defines "engaged in business" pretty clearly. http://www.atf.gov/publications/download/p/atf-p-5300-4.pdf
I always took that as that you can make the occasional private sale, but can't buy guns with the intent to resell to make a profit.
The other guy is claiming that you can buy guns to resell as long as it's not your primary source of income. So if someone is doing it to make a few grand a year, this is okay, as long as it's not your main income. He claims, that a buddy of his got cleared by the ATF after they investigated him for this since he wasn't making his "living" off of it.
Which one of us are right?
I always took that as that you can make the occasional private sale, but can't buy guns with the intent to resell to make a profit.
The other guy is claiming that you can buy guns to resell as long as it's not your primary source of income. So if someone is doing it to make a few grand a year, this is okay, as long as it's not your main income. He claims, that a buddy of his got cleared by the ATF after they investigated him for this since he wasn't making his "living" off of it.
Which one of us are right?
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