ATF/Selling guns

[Airtevron1]

I've heard a lot about the possibility of the ATF taking you to task for selling guns privately without being a FFL, expecting to make a profit etc.

I see that hasn't stopped many from listing here. I know there are those that will always thumb their noses at anything the ATF says, but that's one hassle I don't need.

I wouldn't mind thining my heard a little but I don't want to draw undue scrutiny by ATF. Aside from those that flatly dismiss the ATF, I'm wondering what others think about how much to consider this issue.

 

[Mgderf]

I've heard a lot about the possibility of the ATF taking you to task for selling guns privately without being a FFL, expecting to make a profit etc.

I see that hasn't stopped many from listing here. I know there are those that will always thumb their noses at anything the ATF says, but that's one hassle I don't need.

I wouldn't mind thining my heard a little but I don't want to draw undue scrutiny by ATF. Aside from those that flatly dismiss the ATF, I'm wondering what others think about how much to consider this issue.

You're over-thinking it.
They must prove you are "in the business of selling guns for profit", and without a license.

 

[WebSnyper]

I've heard a lot about the possibility of the ATF taking you to task for selling guns privately without being a FFL, expecting to make a profit etc.

I see that hasn't stopped many from listing here. I know there are those that will always thumb their noses at anything the ATF says, but that's one hassle I don't need.

I wouldn't mind thining my heard a little but I don't want to draw undue scrutiny by ATF. Aside from those that flatly dismiss the ATF, I'm wondering what others think about how much to consider this issue.

I'll help you out and take what you have off your hands at a loss...

 

[firecadet613]

I've heard a lot about the possibility of the ATF taking you to task for selling guns privately without being a FFL, expecting to make a profit etc.

I see that hasn't stopped many from listing here. I know there are those that will always thumb their noses at anything the ATF says, but that's one hassle I don't need.

I wouldn't mind thining my heard a little but I don't want to draw undue scrutiny by ATF. Aside from those that flatly dismiss the ATF, I'm wondering what others think about how much to consider this issue.

I doubt the INGO membership thumb their nose at the AFT, regardless of what they think of them.

There have been quite a few threads on this topic and as stated above, your good to go as long as you're not making a business out of it and/or turning a profit...

 

[Aszerigan]

If you're selling enough guns to need a license, you know it already.

 

[Cameramonkey]

Just hope they don’t take the loose “ profit“ attitude the IRS does. The IRS seems to think that any money you have today that you didn’t have yesterday his income. So if you magically came into possession of $400 and one less gun in the gun cabinet I wouldn’t be surprised if they still want to consider that as a profit.

I could see them making you show your work to prove you didn’t buy that pistol for $300.

Practically speaking, the only time you’re going to get your nuts in the vise on this one is if you’re going to gun shows and setting up tables months after months after months. Just emptying your gun fault of a half dozen guns on here isn’t going to even be a blip on their radar.

 

[Nugget]

I get the feeling that if you regularly buy plastic 9mm handguns, US-made AK pistols, and basic ARs, and resell them at a markup shortly thereafter, you're going to be on their radar. If you're selling collectible revolvers and milsurp guns for more than you paid for them 20 years ago, they probably don't care.

 

[HHollow]

The IRS has taken upon themselves to repeatedly redefine the meaning of income and profit. When the 16th amendment (income tax) inheritance, barter, currency exchange, etc were not considered income. Now with Chevron Deference gone, might we see a more restrictive definition of income?

 

[Cameramonkey]

The IRS has taken upon themselves to repeatedly redefine the meaning of income and profit. When the 16th amendment (income tax) inheritance, barter, currency exchange, etc were not considered income. Now with Chevron Deference gone, might we see a more restrictive definition of income?

Yeah, my fave is the 1099 credit card companies issue you if you ever negotiate down a repayment. If they write off $5,000 of your debit, you'll get a 1099 for that amount because the IRS will consider that profit.

 

[Magyars]

Give the gun away and sell the box!

 

[Leo]

The ATF is a very shady bunch. The IRS needs to stay out of it.

The IRS passed laws a couple years ago with online sales. I buy a guitar for $900 and sell it a year later for $700. The site legally reports it to the IRS, and I can either pay Taxes on $700 or I have to do the tax paperwork to prove I did not make money. If you don't do the paperwork, you are paying tax on a loss, that you initially paid the tax to buy.

If the ATF and the IRS would get together, even the best of us would be penniless and in prison.

 

[Leo]

I get the feeling that if you regularly buy plastic 9mm handguns, US-made AK pistols, and basic ARs, and resell them at a markup shortly thereafter, you're going to be on their radar. If you're selling collectible revolvers and milsurp guns for more than you paid for them 20 years ago, they don't care.

That would maybe make sense, but I don't trust them to have any common sense or use any wisdom.

 

[BigRed]

The ATF is a very shady bunch.

Huge understatement.

atf is the scum of scum.

 

[WebSnyper]

Yeah, my fave is the 1099 credit card companies issue you if you ever negotiate down a repayment. If they write off $5,000 of your debit, you'll get a 1099 for that amount because the IRS will consider that profit.

I don't actually have an issue with that. They tax that $5k that I make to pay my bills, why not tax that $5k that the guy who decides not to pay his bills ends up keeping.

Of course, the guy not paying his bills is probably finding a way to not make taxable $$ as well so he's probably getting back more than he paid in (which should not ever happen in a tax system unless it's also a welfare system like we seem to have in the US)

 

[BigMoose]

I never sell guns. I run an old guns retirement home.

I take donations.

 

[HHollow]

…The IRS passed laws a couple years ago with online sales. I buy a guitar for $900 and sell it a year later for $700. The site legally reports it to the IRS, and I can either pay Taxes on $700….

That is the issue at hand. Congress makes law. IRS enforces. ATF enforces.

Chevron deference allowed ATF/IRS to be overly creative. No more.

 

[bwframe]

What we all do in November could make a noticable difference in all of this government overreach. It might actually be our last chance?

We will have to win so big that they can't rig to pull it off.

 

[Bassat]

What we all do in November could make a noticable difference in all of this government overreach. It might actually be our last chance?

We will have to win so big that they can't rig to pull it off.

Oh, like we did last time?

 

[rugertoter]

Oh, like we did last time?

It ain't over yet...keep the faith.

 

[bwframe]

Oh, like we did last time?

So, don't let them do it again!

Fool me once...



On top of the massive fraud last time, we allowed "our own," nevertrumpers to dissolution a lot of republican voters.

Even here in Indiana (and other solid red states,) the wins in 2020 were not so overwhelming that the fraud from the "swing states" could be questioned as not possibly legit.

The "I just couldn't" and "mean tweets!" crowd need to be talked down and made aware.

Just heard reporting from the Georgia Trump rally about their governor publicly stating he won't be voting for Trump. Kemp can vote for who he wants, but when he opens his mouth to intentionally screw the pooch for the rest of us, he needs to hear from ALL OF US about keeping his pie hole shut!

Our friends and family in the GA need to hear from us. They need to slow the roll of their arrogant self-centered SOB!