Thinking about getting an FFL 07

[Ruffnek]

Should I do this?I'm thinking that I could run a home based business for minor gunsmithing,transfers,and other things of the sort.Besides the $150 every three years,what other costs are there?What does the BATFE consider as a "place of business".Also,of I were to buy firearms for personal use now and then,what's the process of that type of transfer?

 

[1911ly]

Tagged for interest!

 

[JStarr]

Sub'd

 

[engineerpower]

They may try to strongarm you into paying into ITAR, but that's he type of bull that the DoS under Hillary tries to pull.

The FFL07 is intended to support a business model, not to allow individuals to purchase for themselves. While the occasional transfer is generally OK, the ATF agent that does the interview will probably caution you on this issue.

 

[Ruffnek]

I don't intend to use it primarily to purchase for my personal collection but wouldn't it be dumb not to use the FFL when I do buy for myself?I want to mainly do gunsmithing work and it'd be a secondary income.Can anyone explain what ITAR is?

 

[96ramair]

Insurance will be your biggest expense.. honestly with the deals on slick guns they are with in 20.00 of buying with your ffl...

 

[96ramair]

You have to be zoned to run a business out of your home also...

 

[engineerpower]

ITAR is International Trafficking in Arms, a law that controls export of technology and goods for items on a list of "no-noes". The State Department has been putting pressure on FFL's to register with them and pay a $5000 bribe.

 

[Manatee]

Then there is excise tax. There is nothing easy about an 07 license if you are a one-man shop. It's much easier to go the 01 route and then see how things are developing for you. If you don't have a business plan, you really need to put some thought into the 07 requirements.

 

[Ruffnek]

ITAR is International Trafficking in Arms, a law that controls export of technology and goods for items on a list of "no-noes". The State Department has been putting pressure on FFL's to register with them and pay a $5000 bribe.

How would this have an effect on a ship that doesn't export things?I highly doubt a gunsmith from Solsberry is going international or even interstate.This is going to be local.

 

[Ruffnek]

Then there is excise tax. There is nothing easy about an 07 license if you are a one-man shop. It's much easier to go the 01 route and then see how things are developing for you. If you don't have a business plan, you really need to put some thought into the 07 requirements.

I thought that an 01 wouldn't let me do gunsmithing,which was the main reason for getting the license.My main thing was doing AR builds for sale,scope installs,trigger jobs,etc.I'd do transfers here and there and maybe buy and sell a few but mainlyaalterations and builds.

 

[Ruffnek]

You have to be zoned to run a business out of your home also...

I know nothing about zoning.Care to explain?

 

[Squirt239]

If you are going to be a gunsmith, and not manufacture firearms, get a class 01. Just my two cents worth.

 

[Ruffnek]

From my reading,an 01 can do work for customers on customer owned guns and be legal.The 01 cannot buy kits,build them,and then ​sell them.Correct?

 

[Squirt239]

Speaking from experience, there is a lot more entailed with the 07. There's a lot more commitment; you could be subject to heavy taxes. I'd suggest discussing your options with ATF agent Lisa Laughlin. She's my agent and really knows her stuff. She's been a huge help with my business.

 

[Squirt239]

That is correct. However, if the customer supplies the equipment, you can assemble and thus charge for your services.

 

[96ramair]

Your home will have to be zoned business with your county or the atf will not approve you... some counties its no big deal others I hear can be a big pain

 

[Manatee]

I think I met with Lisa when I got started way back when. An excellent person to deal with.

 

[ghitch75]

was going to open a shop in Koleen.....had FFL then i looked into the insurance......$2700.00 a year.......i sent the FFL back........got to change a lot of springs and trigger jobs to pay that.....

 

[Ruffnek]

was going to open a shop in Koleen.....had FFL then i looked into the insurance......$2700.00 a year.......i sent the FFL back........got to change a lot of springs and trigger jobs to pay that.....

So you're the one!My in-laws live at the top of the hill and I saw that sign on the old post office one day and got super excited.I was actually planning on coming in to see about an apprenticeship once the place opened.Truly heartbroken to hear that it isn't going to open man.