Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
BCM
User Panel

Posted: 7/24/2013 8:14:24 PM EDT
Is there a limit to how many guns you can purchase in Texas per week?



I have been trading in some unused handguns for new guns in the past two weeks (one per week) but want to do one more trade either tomorrow or Friday (last gun i traded was last Friday). Using a FFL (gives me good price on trades), not private party.
Link Posted: 7/25/2013 3:29:28 AM EDT
[#1]
Quoted:
Is there a limit to how many guns you can purchase in Texas per week?
View Quote


No.
Link Posted: 7/25/2013 4:59:39 AM EDT
[#2]
you must be new here. Welcome!
Link Posted: 7/25/2013 6:06:31 AM EDT
[#3]
There is a magic number, which I don't know what that number is, that is you purchase x amount of say M4's you WILL get a visit from the ATF.

Day of Sandy Hook shooting a coworker went and purchased 20 M4's. Couple days later he got a visit from the ATF.

Just have to be careful, co-worker satisfied ATF saying they were an investment and producing all of them.

Could possibly be treading on a thin line. If co-worker said he was going to sale them at an inflated price he could have been poped for not having a FFL.
Link Posted: 7/25/2013 6:08:26 AM EDT
[#4]
If you buy multiples from an FFL in a week, they are required to fill out a special form for the BATFE.  If you don't want the feds in your business you might want to use more than one FFL but since you've posted this question on a public forum, they already know so you should be good to go.

Not sure why you think you'll get the best deal from an FFL since you could probably sell/buy privately with better results while leaving out the middle man - unless you like new.
Link Posted: 7/25/2013 6:10:36 AM EDT
[#5]
Link Posted: 7/25/2013 6:19:33 AM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
There is a magic number, which I don't know what that number is, that is you purchase x amount of say M4's you WILL get a visit from the ATF.

Day of Sandy Hook shooting a coworker went and purchased 20 M4's. Couple days later he got a visit from the ATF.

Just have to be careful, co-worker satisfied ATF saying they were an investment and producing all of them.

Could possibly be treading on a thin line. If co-worker said he was going to sale them at an inflated price he could have been poped for not having a FFL.
View Quote


I don't think he satisfied the ATF, I'd bet he was flagged for doing something that stupid.  He should be more concerned about the follow-up visit since many people took advantage after December and purchased firearms as "investments" to later sell for a profit and getting a very good return on their money.  Feds would view this as dealing without a license due to the quantity and timing, especially since I'd imagine he would have needed to dispose of these by now to qualify as investments since the price has dropped back down.  Hope he didn't do something this foolish to risk his job.
Link Posted: 7/25/2013 7:07:55 AM EDT
[#7]

Discussion ForumsJump to Quoted PostQuote History
Quoted:


If you buy multiples from an FFL in a week, they are required to fill out a special form for the BATFE.  If you don't want the feds in your business you might want to use more than one FFL but since you've posted this question on a public forum, they already know so you should be good to go.



Not sure why you think you'll get the best deal from an FFL since you could probably sell/buy privately with better results while leaving out the middle man - unless you like new.
View Quote




 
I can wait till Friday,which would be 5 business days since my last purchase (which was the Friday before) or just wait until next week.






Link Posted: 7/25/2013 7:23:05 AM EDT
[#8]
I have asked Dogtown to comment on this as the reporting is for "sales". Not sure if trades or transfers is included.












Also if you buy the rifles from an 07 there is no reporting. Only dealers report....










Either way, as TXI said, there is no limit.







ETA:







Never mind. Got to a computer and checked the law:







(A) Each licensee shall prepare a report of multiple sales or other dispositions whenever the licensee sells or otherwise disposes of, at one time or during any five consecutive business days, two or more pistols, or revolvers, or any combination of pistols and revolvers totalling two or more, to an unlicensed person


 
 
Link Posted: 7/25/2013 7:27:03 AM EDT
[#9]

Discussion ForumsJump to Quoted PostQuote History
Quoted:


I have asked Dogtown to comment on this as the reporting is for "sales". Not sure if trades or transfers is included.


View Quote

Also if you buy the rifles from an 07 there is no reporting. Only dealers report....




Either way, as TXI said, there is no limit.
 




 
So far both trades have been even trades, the last will not be, might have to pay a little in.
Link Posted: 7/25/2013 7:28:30 AM EDT
[#10]
See ETA above
Link Posted: 7/25/2013 7:33:01 AM EDT
[#11]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I don't think he satisfied the ATF, I'd bet he was flagged for doing something that stupid.  He should be more concerned about the follow-up visit since many people took advantage after December and purchased firearms as "investments" to later sell for a profit and getting a very good return on their money.  Feds would view this as dealing without a license due to the quantity and timing, especially since I'd imagine he would have needed to dispose of these by now to qualify as investments since the price has dropped back down.  Hope he didn't do something this foolish to risk his job.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
There is a magic number, which I don't know what that number is, that is you purchase x amount of say M4's you WILL get a visit from the ATF.

Day of Sandy Hook shooting a coworker went and purchased 20 M4's. Couple days later he got a visit from the ATF.

Just have to be careful, co-worker satisfied ATF saying they were an investment and producing all of them.

Could possibly be treading on a thin line. If co-worker said he was going to sale them at an inflated price he could have been poped for not having a FFL.


I don't think he satisfied the ATF, I'd bet he was flagged for doing something that stupid.  He should be more concerned about the follow-up visit since many people took advantage after December and purchased firearms as "investments" to later sell for a profit and getting a very good return on their money.  Feds would view this as dealing without a license due to the quantity and timing, especially since I'd imagine he would have needed to dispose of these by now to qualify as investments since the price has dropped back down.  Hope he didn't do something this foolish to risk his job.


I agree 100% that was foolish on his part. Has been 7 months and he hasn't heard anything else from the ATF.
Link Posted: 7/25/2013 7:55:14 AM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I agree 100% that was foolish on his part. Has been 7 months and he hasn't heard anything else from the ATF.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
There is a magic number, which I don't know what that number is, that is you purchase x amount of say M4's you WILL get a visit from the ATF.

Day of Sandy Hook shooting a coworker went and purchased 20 M4's. Couple days later he got a visit from the ATF.

Just have to be careful, co-worker satisfied ATF saying they were an investment and producing all of them.

Could possibly be treading on a thin line. If co-worker said he was going to sale them at an inflated price he could have been poped for not having a FFL.


I don't think he satisfied the ATF, I'd bet he was flagged for doing something that stupid.  He should be more concerned about the follow-up visit since many people took advantage after December and purchased firearms as "investments" to later sell for a profit and getting a very good return on their money.  Feds would view this as dealing without a license due to the quantity and timing, especially since I'd imagine he would have needed to dispose of these by now to qualify as investments since the price has dropped back down.  Hope he didn't do something this foolish to risk his job.


I agree 100% that was foolish on his part. Has been 7 months and he hasn't heard anything else from the ATF.


If he sells any, and they show up in Mexico or in the hands of illegals or other criminals...  he is going to be SOL.
Link Posted: 7/25/2013 8:17:28 AM EDT
[#13]
Have had a couple 10+ weapon weeks.  Usually when I am home on vacation though.  When I was home on  the road I would use my 1k/week per diem to prolong the fun gun fundualage which was about 1-2 weapons a week unless my RV spot rent was due that week  

Have purchased 10 receivers at one time a few times with no problems.
Link Posted: 7/25/2013 8:48:21 AM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


If he sells any, and they show up in Mexico or in the hands of illegals or other criminals...  he is going to be SOL.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Quoted:
There is a magic number, which I don't know what that number is, that is you purchase x amount of say M4's you WILL get a visit from the ATF.

Day of Sandy Hook shooting a coworker went and purchased 20 M4's. Couple days later he got a visit from the ATF.

Just have to be careful, co-worker satisfied ATF saying they were an investment and producing all of them.

Could possibly be treading on a thin line. If co-worker said he was going to sale them at an inflated price he could have been poped for not having a FFL.


I don't think he satisfied the ATF, I'd bet he was flagged for doing something that stupid.  He should be more concerned about the follow-up visit since many people took advantage after December and purchased firearms as "investments" to later sell for a profit and getting a very good return on their money.  Feds would view this as dealing without a license due to the quantity and timing, especially since I'd imagine he would have needed to dispose of these by now to qualify as investments since the price has dropped back down.  Hope he didn't do something this foolish to risk his job.


I agree 100% that was foolish on his part. Has been 7 months and he hasn't heard anything else from the ATF.


If he sells any, and they show up in Mexico or in the hands of illegals or other criminals...  he is going to be SOL.


And how ironic that the ATF did the exact same thing but haven't charged anyone inside their own organization.
Link Posted: 7/25/2013 8:50:46 AM EDT
[#15]
For those that are not licensed dealers, read these stories before thinking about "investing" in firearms:
http://blogs.dallasobserver.com/unfairpark/2013/07/robert_lewis_iii_may_be_the_sa.php

And

http://www.nbcdfw.com/news/local/Rowlett-Man-Convicted-of-Selling-Guns-Without-License-Speaks-Out-191467521.html


While it is clearly legal to buy/sell/trade firearms as a hobby, doing so as a business requires a Federal Firearms License. The line between business and hobby is not as defined as we would want. There is no minimum number of gun sales that makes you a "dealer".........it could be as few as one sale. And if ATF believes you to be engaging in the business of dealing in firearms, it will be difficult to explain that those 100 AR lowers you bought were for your personal collection. And yes, I've transferred a hundred lowers to a guy here on AR15, and guess which bound book my IOI happend to check first on my last compliance inspection? Yup. IOI said they would send that buyer/transferee a cease and desist letter............basically telling him he could not sell or dispose of those firearms unless he obtained his own FFL. Not exactly the quick and easy investment he had envisioned.

Link Posted: 7/25/2013 9:24:34 AM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:.....Have purchased 10 receivers at one time a few times with no problems.
View Quote

Buying a thousand receivers won't be a problem because the dealer does not submit a Multiple Sale form on receivers, frames or lowers.

The "problems" occur when you go to sell those receivers.
Sell them one at a time over several months...............quite likely you would pass under the radar.
Throw all ten up on the EE at once or on your table at a gun show? That would be a bit different..
Link Posted: 7/25/2013 10:33:28 AM EDT
[#17]
Good reading material DogtownTom.

Question- Since he's not "making" the receiver, only assembling from parts.  He would have to have a Type 07 FFL?  

I thought if you were buying finished receivers and assembling them and selling you were GTG with a Type 01 FFL?
Link Posted: 7/25/2013 11:23:09 AM EDT
[#18]
The ATF after the days of Sandy Hook was probably overloaded with calls and worries of a 'repeat' incident, therefore they would be looking for people who seem to be a little 'weird' 'nervous' fitting the profile of the typical spree shooter.. not so much focused on people trying to 'profit' off a situation.

I purchased two handguns at a gun show from the same dealer, I noticed the Police seemed to be EVERYWHERE I went after that, just like they were EVERYWHERE I went when I first moved here.. and they are not EVERYWHERE I go in many other times so I think it 'says's something'...

anyways I planned on purchasing 3-5 handguns, 2-6 long guns.. if they had all the guns I wanted and at the 'right price'.... Don't care about the profiling/atf visit.. I just don't like wasting time/gas going all over to get what I want.

I suspect the ATF would also be more 'worried' if the guy who purchased 20 rifles didn't have the 20 rifles.. aka 'gun runner'

I think the type of handgun should change the profile.. buying to concealed carry handguns in a week does not seem like a red flag for a spree shooter, maybe a gun runner, straw purchaser.. but spree. who would use concealable guns for a spree?


..and who knows maybe the FBI uses a profile to raise a flag on people who try to AVOID the red flag rules that they make you aware of... ROTFLMAO~
Link Posted: 7/25/2013 1:33:22 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Good reading material DogtownTom.

Question- Since he's not "making" the receiver, only assembling from parts.  He would have to have a Type 07 FFL?  

I thought if you were buying finished receivers and assembling them and selling you were GTG with a Type 01 FFL?
View Quote

Nope.
ATF has a ruling on exactly this on their website.
If a customer brings me the parts and asks me to assemble, its gunsmithing, and an 01FFL is all that is needed.
If the licensee supplies the parts and assembles the firearm he needs an 07.

Link Posted: 7/25/2013 1:37:05 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Nope.
ATF has a ruling on exactly this on their website.
If a customer brings me the parts and asks me to assemble, its gunsmithing, and an 01FFL is all that is needed.
If the licensee supplies the parts and assembles the firearm he needs an 07.

View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Good reading material DogtownTom.

Question- Since he's not "making" the receiver, only assembling from parts.  He would have to have a Type 07 FFL?  

I thought if you were buying finished receivers and assembling them and selling you were GTG with a Type 01 FFL?

Nope.
ATF has a ruling on exactly this on their website.
If a customer brings me the parts and asks me to assemble, its gunsmithing, and an 01FFL is all that is needed.
If the licensee supplies the parts and assembles the firearm he needs an 07.



Of course, Federal Government can't miss out on any ITAR fees
Close Join Our Mail List to Stay Up To Date! Win a FREE Membership!

Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!

You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.


By signing up you agree to our User Agreement. *Must have a registered ARFCOM account to win.
Top Top