Just have to be aware of the law and if what you're doing would be considered illegal. And when you realize you may be on the shady side, hope it disappears before you draw attention to yourself.
IC 35-47-1-3 "Dealer"
Sec. 3. "Dealer" means any person who holds himself out as a buyer and seller of handguns on a regular and continuing basis.
As added by P.L.311-1983, SEC.32
You keep mentioning This Law? and now someone may be on The Shady Side***
What law are they breaking?
.One sees the same dealers at all the local gun shows with an endless supply of firearms for sale with a pain free private transfer. Same men have been doing it for decades at the local shows, what law are they breaking?
ATF is at many of these shows and they could care less..
Like anything it all depends. On the agent/what got you in their focus/trust that they can make a case if your activity's warrant.
There is actually laws limiting how many cars you can sell in a calendar year. I have had issues in the past with this. If you doing the gun flipping thing and it raises a flag they can address it as you doing "Business" without an FFL. And yes they do care.
Everyday Joe selling off his collection is not an issue.
Before this goes off the rails I would ask how many of you actually know an ATF agent. Spoke with them. Had issues with them.
On another forum (posted just a month ago):
http://forums.gunbroker.com/topic.asp?TOPIC_ID=716145
Your government has the power to ruin your life if they want to.
Yeah there are ways of dealing with the ATF (We all say "it won't happen here"), but there are other ways to try to make money or to enjoy a firearm hobby without getting the ATF involved.
I understand that, I'm not sticking up for anyone that buys and sells here.
I'm asking the ones that make statements that flippers that buy and sell and make a profit are breaking the law..
What law are they breaking ? How many firearms does one have to sell in a year to break the law?
Is an auctioneer that sell someone's firearms as a private sale breaking the law?
Talk about a blast from the past.See the Savage Eagle saga.
I'm from MD, I have two friends I grew up with that work at ATF, one is and agent and the other works in the firearms technology dept..
And why would you think that this conversation will go off the rails?
Come on, I posted the answer to that in my very next post, https://www.indianagunowners.com/fo...n-please-delete-my-account-2.html#post7743288.
Your tone is beginning to come across as belligerent.
So if I have had over a hundred guns for better than 30 years and I decided to sell ten a year for the next ten years, certainly I will make a profit. I mean I payed 325.00 for my 8" Python with Ellison's and a Colt paper trigger job. So I sell it and some other guns for a healthy profit as private sales, please tell me what law I am breaking by making a profit reselling my personal firearms, and why would I not be a responsible person by doing so?