Explain to me who is buying exotic Post Ban Machineguns

[ARCHIVED THREAD] - Explain to me who is buying exotic Post Ban Machineguns

Posted: 8/14/2007 9:14:15 AM EDT

In this world there are really three types of machine guns.

Transferable: They can be sold to any qualified individual (the expensive ones)

Pre 1986 Dealer Samples: Can only be sold to dealers, Law Enforcement Agencies, and the Military (as an institution).
Post 1986 Dealer Samples: Can only be sold to dealers with a law enforcement demo letter, Law Enforcement Agencies, and the Military (as an institution).

So why are machinegun dealers offering Post 1986 Bren guns, Maxim guns, Krinkovs, etc basically weapons Law Enforcement has no intrest in?

What is the loop hole? Because these things are being offered for sale I assume that means people are buying them.

Posted: 8/14/2007 9:15:23 AM EDT

[#1]

Shhhhhhhh.

Posted: 8/14/2007 9:16:48 AM EDT

[#2]

Drop a case of whiskey and cigars off at the CLEOs office every x-mas......and "oh yeah, could you sign off on these demo letters."

-JTP

Posted: 8/14/2007 9:20:01 AM EDT

[#3]

Hah, why do you think all these guys get their SOTs anyway? So they can play with brand new machine guns, of course! Selling transferrables is just a way of funding the hobby.

They just have to get a demo letter now and then...

Posted: 8/14/2007 9:20:43 AM EDT

[#4]

So thats the answer? I need a quasi boss hog Sheriff or fellow gun nut as CLEO who is willing to sign off on demo letters? How long are you allowed to keep the Machinegun for "demos"?

Posted: 8/14/2007 9:23:00 AM EDT

[#5]

Quoted:
So thats the answer? I need a quasi boss hog Sheriff or fellow gun nut as CLEO who is willing to sign off on demo letters? How long are you allowed to keep the Machinegun for "demos"?

You keep them for as long as you want to keep paying for the SOT and other associated costs of having the appropriate federal licenses. Once you give up the licenses they must either be transferred to another dealer, or destroyed.

Posted: 8/14/2007 9:23:57 AM EDT

[#6]

Ask steyraug

Posted: 8/14/2007 9:25:21 AM EDT

[#7]

The only *affordable* way to own a FA in today's market.

Posted: 8/14/2007 9:27:19 AM EDT

[#8]

Quoted:
The only *affordable* way to own a FA in today's market.

and if you're not legitimately using your FFL/SOT to make a profit, that gets you in some pretty hot water.

Posted: 8/14/2007 9:27:45 AM EDT

[#9]

It seems to me your going to have a hell of a time finding a police chief or sheriff to sign off on one of these demo letters.

Posted: 8/14/2007 9:28:38 AM EDT

[#10]

Quoted:

Quoted:
So thats the answer? I need a quasi boss hog Sheriff or fellow gun nut as CLEO who is willing to sign off on demo letters? How long are you allowed to keep the Machinegun for "demos"?

You keep them for as long as you want to keep paying for the SOT and other associated costs of having the appropriate federal licenses. Once you give up the licenses they must either be transferred to another dealer, or destroyed.

i heard said costs are EXORBITANT, as if the .gov is trying to discourage ppl from becoming FFLs

Posted: 8/14/2007 9:28:54 AM EDT

[#11]

Go into business for yourself and buy all the post May 86 MG's you want.

Sounds simple to me.

Posted: 8/14/2007 9:29:40 AM EDT

[#12]

Quoted:
The only *affordable* way to own a FA in today's market.

IMHO its only affordable if you are running a business for profit to help pay for all that. We have a manufacturer's license and SOT, and BATFE is making everyone pay the ITAR tax now whether you import/export or not. So the base FFL is only $300 every three years but the SOT is $500 every year and the ITAR is $1750 every year. So you have per annum taxes of $2,250 each year and every three years it jumps to $2,550, just for the licenses. Compared to a $13,000 registered HK sear pack its "affordable" I guess, but remember as soon as you decide to let your licenses expire the guns are GONE with it. They aren't really your guns at all, they belong to the licenses in a manner of speaking.

Don't get me wrong, the machineguns we've built are fun and all, but without the underlying for-profit business I wouldn't personally pay $2,250 each year to "borrow" a converted AR15 lower and an RPK built from a parts kit. Then again, I'm from Missouri and a relatively poor guy.

Posted: 8/14/2007 9:31:16 AM EDT

[#13]

Quoted:

Quoted:
The only *affordable* way to own a FA in today's market.

and if you're not legitimately using your FFL/SOT to make a profit, that gets you in some pretty hot water.

Yeah, but no one said you have to be good at it...

Posted: 8/14/2007 9:33:16 AM EDT

[#14]

Quoted:

Quoted:
The only *affordable* way to own a FA in today's market.

and if you're not legitimately using your FFL/SOT to make a profit, that gets you in some pretty hot water.

Yeah, but no one said you have to be good at it...

if it was that easy, more people would be doing it.

...it ain't.

Posted: 8/14/2007 9:37:58 AM EDT

[#15]

Quoted:

Quoted:
The only *affordable* way to own a FA in today's market.

IMHO its only affordable if you are running a business for profit to help pay for all that. We have a manufacturer's license and SOT, and BATFE is making everyone pay the ITAR tax now whether you import/export or not. So the base FFL is only $300 every three years but the SOT is $500 every year and the ITAR is $1750 every year. So you have per annum taxes of $2,250 each year and every three years it jumps to $2,550, just for the licenses. Compared to a $13,000 registered HK sear pack its "affordable" I guess, but remember as soon as you decide to let your licenses expire the guns are GONE with it. They aren't really your guns at all, they belong to the licenses in a manner of speaking.

Don't get me wrong, the machineguns we've built are fun and all, but without the underlying for-profit business I wouldn't personally pay $2,250 each year to "borrow" a converted AR15 lower and an RPK built from a parts kit. Then again, I'm from Missouri and a relatively poor guy.

I'm curious how they can "make" you pay a tax you don't use. Is this more whole cloth mandates from them that ignore the law?

Posted: 8/14/2007 9:38:32 AM EDT

[#16]

That's why Class 2 seems much more attractive...at least build .22 cans to offset the price.

Posted: 8/14/2007 9:40:14 AM EDT

[#17]

Quoted:
So thats the answer? I need a quasi boss hog Sheriff or fellow gun nut as CLEO who is willing to sign off on demo letters? How long are you allowed to keep the Machinegun for "demos"?

Ask Chief Thunder how wonderful an idea this is. It seems no one really thought it was all that believeable that podunk PD was really interested in buying beltfed PKMs.

Posted: 8/14/2007 9:45:03 AM EDT

[#18]

Couple thousand bucks a year for a side business where you will probably make enough in sales to cover all of that, and have every FA you ever wanted to play with at your fingertips, or beg SteyrAUG to sell one of his transferable FA toys to you since he owns them all..

Seems like dignity dictates the former to me!