Break it down simple for a newbie.

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[ARCHIVED THREAD] - Break it down simple for a newbie.

Posted: 3/31/2017 9:32:25 AM EDT

OK I am building a shorty .300 BLK Upper but I think I want it to eventually be my first SBR. I have not done NFA before.

I do not have a trust. I have a spare SAA lower I want to Form 1.

In the simplest terms possible how do I start the process to get this thing started.

Thanks in advance.

Posted: 3/31/2017 9:42:47 AM EDT

[#1]

Do a .300blk pistol. File the form 1 and wait a year to get approval, add stock when you get the stamp

Posted: 3/31/2017 10:29:53 AM EDT

[#2]

Quote History

Quoted:
Do a .300blk pistol. File the form 1 and wait a year to get approval, add stock when you get the stamp

View Quote

I guess I needed to expound more. I already have a pistol lower I am going to put it on...my .223 Wylde build.

Was thinking about just doing a form 1 on this lower so I would have an SBR and a pistol lower for interchangeability during travel etc.

Posted: 3/31/2017 12:32:47 PM EDT

[#3]

Get passport photos and get finger printed. Decide if you want to file as an individual or a trust. File the form 1 and wait.

Posted: 3/31/2017 12:43:19 PM EDT

[#4]

How to file a Form 1 as an Individual.

Read through that, BW typed up a really good procedure for what needs to be done. There is also instruction there for filing with a trust if you want to investigate that.

Posted: 3/31/2017 10:54:42 PM EDT

[#5]

Quote History

Quoted:
Get passport photos and get finger printed. Decide if you want to file as an individual or a trust. File the form 1 and wait.

View Quote

Depending on the laws in your state, a corporation may also be a simple and inexpensive vehicle for NFA items. In MO I only had to pay $30 or whatever for the initial filing and presto I had an LLC. Also, here annual filings are only required if the corporation has income and mine does not. Same filing guidelines as a trust but slightly different legal entity.

[ARCHIVED THREAD] - Break it down simple for a newbie.

Armory » Short Barreled Rifles (SBR)

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