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Posted: 8/13/2007 1:50:44 PM EDT
Just like a one-time thing. You happen to find a really good deal, buy it, and then sell it for a profit.

Legal?
Link Posted: 8/13/2007 1:52:03 PM EDT
[Last Edit: 8/13/2007 1:52:22 PM EDT by 87GN]
Yes

Unless it is an AR-70
Link Posted: 8/13/2007 1:52:29 PM EDT
No. You have to take at least a 50% loss.

Completely unrelated, but I'm currently paying $800 for near-mint Beretta AR-70s. Just so you know.
Link Posted: 8/13/2007 1:52:55 PM EDT
Whilst some people on EE act as if selling a gun at a profit is one of the most nefarious crimes amongst men, it is legal to sell a gun at a profit. Just as long as it is a legal sale (not a straw purchase, ect), it's good to go.
Link Posted: 8/13/2007 1:56:33 PM EDT
Now what ever made you think I would be refering to an AR70?
Link Posted: 8/13/2007 1:57:06 PM EDT
Ever heard of GunBroker?
Link Posted: 8/13/2007 1:57:56 PM EDT
BATFE will activate the microphone on your cell phone.
Link Posted: 8/13/2007 1:58:52 PM EDT

Originally Posted By OBird:
Just like a one-time thing. You happen to find a really good deal, buy it, and then sell it for a profit.

Legal?


Once you own it, you can sell it for a profit.

You simply cannot make a "business" of doing this without running afoul of BATFE regs.

Selling an occasional gun is no big deal.

Selling 100 guns a month = a nice chat with the BATFE.

Link Posted: 8/13/2007 1:59:29 PM EDT
As long as you aren't doing it for your livelihood a la a C&R FFL being used as a business.
Link Posted: 8/13/2007 2:02:08 PM EDT
I suppose if the intention was not to buy the gun specifically for selling for profit.

Then again, ATF has been rumored to watch a guy buy a gun, offer him more for it, then bust him for "dealing without a license".
Link Posted: 8/13/2007 2:17:04 PM EDT
Every time I buy a used gun, for some reason I can't sell it.
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