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Worst case fees on an MG transfer.
7/5/2012 9:58:49 PM
I am considering an MG from an estate in the midwest.
What is the worst case for the ATF transfer fees if:
1) It is still held by the estate?
2) It is in the hands of a 03 FFL?
I have arranged with my local 03 to take possession if I should purchase it.
Thanks!
ETA: I know this has to be posted in this forum somewhere, but I couldn't find it!
What is the worst case for the ATF transfer fees if:
1) It is still held by the estate?
2) It is in the hands of a 03 FFL?
I have arranged with my local 03 to take possession if I should purchase it.
Thanks!
ETA: I know this has to be posted in this forum somewhere, but I couldn't find it!
7/5/2012 10:01:22 PM
Worst-case is two $200 transfers, with full six to seven months wait for each. Anything more is introducing extra time and cost unnecessarily and deliberately.
7/5/2012 10:06:32 PM
Help me understand the steps.
All of my NFA items have been on Form 1's or in stock items at local shops.
If the estate still has possession, the steps to get the MG to my 03, and the forms that it would take.
If in the possession of an 03 FFL, what would it take to get it to my 03?
Thanks! My NFA items are purchased so rarely I forget the basics.
All of my NFA items have been on Form 1's or in stock items at local shops.
If the estate still has possession, the steps to get the MG to my 03, and the forms that it would take.
If in the possession of an 03 FFL, what would it take to get it to my 03?
Thanks! My NFA items are purchased so rarely I forget the basics.
7/5/2012 10:44:30 PM
Is it a C&R MG? That would make a difference to your 03 FFL.
7/5/2012 10:56:22 PM
As damcv62 intimated, an "03FFL" is a collector of curios and relics - you probably mean your Class 3 SOT FFL though it doesn't matter if your FFL is a SOT or not in the case of a transfer from a non-FFL out of state.
If the estate is out of state, it can sell the item to you, and transfer it directly to your FFL dealer who is in your state on a Form 4. That will cost $200 and take between one and seven months. Your instate FFL then does another $200 Form 4 from the FFL to you, and another six to seven month wait ensues.
If it's already in the possession of a SOT FFL (and not the estate), then it transfers to your SOT FFL tax free and quickly on a Form 3, then to you on a six to seven month $200 Form 4.
If the estate is out of state, it can sell the item to you, and transfer it directly to your FFL dealer who is in your state on a Form 4. That will cost $200 and take between one and seven months. Your instate FFL then does another $200 Form 4 from the FFL to you, and another six to seven month wait ensues.
If it's already in the possession of a SOT FFL (and not the estate), then it transfers to your SOT FFL tax free and quickly on a Form 3, then to you on a six to seven month $200 Form 4.
7/5/2012 11:46:07 PM
Originally Posted By Circuits:
As damcv62 intimated, an "03FFL" is a collector of curios and relics - you probably mean your Class 3 SOT FFL though it doesn't matter if your FFL is a SOT or not in the case of a transfer from a non-FFL out of state.
If the estate is out of state, it can sell the item to you, and transfer it directly to your FFL dealer who is in your state on a Form 4. That will cost $200 and take between one and seven months. Your instate FFL then does another $200 Form 4 from the FFL to you, and another six to seven month wait ensues.
If it's already in the possession of a SOT FFL (and not the estate), then it transfers to your SOT FFL tax free and quickly on a Form 3, then to you on a six to seven month $200 Form 4.
As damcv62 intimated, an "03FFL" is a collector of curios and relics - you probably mean your Class 3 SOT FFL though it doesn't matter if your FFL is a SOT or not in the case of a transfer from a non-FFL out of state.
If the estate is out of state, it can sell the item to you, and transfer it directly to your FFL dealer who is in your state on a Form 4. That will cost $200 and take between one and seven months. Your instate FFL then does another $200 Form 4 from the FFL to you, and another six to seven month wait ensues.
If it's already in the possession of a SOT FFL (and not the estate), then it transfers to your SOT FFL tax free and quickly on a Form 3, then to you on a six to seven month $200 Form 4.
Yes, Class 3 SOT FFL. Abbreviations can be a bitch...
Thank you for the two explanations. I am hoping for the second description and the use of a Form 3 to get it into my state. It may also have a suppressor 'included' and $800 in transfers would make it prohibitive.
For the post above asking if it is a C&R. No, it is not.
