Return to “Getting and 01 & 06 FFL at home?”
Things are going as well as I want them to, any busier and I think I'd have to open a storesublevel wrote:How long have you had your FFL?
Has business been good? (I am going to push mine like crazy)
Are most people comfortable dealing with a home FFL that works a real job?
My biggest hang up I think is working mon-thur 1pm-1am and off fri-sun with the wife trying to handle stuff during the week
Yup. That happened with me. I was blown away!sublevel wrote:Meeting went well, 4 hours long, learned a lot
They said they had to verify my city zoning (I included the rules and the city inspector said there was no issue)
After that they submit to there supervisor and then to the licensing department
I was told it was possible to have it in 2 weeks
Does that seem correct?
i'd say "No". My understanding is unless the customer is staying with you, you're taking possession of it for business purposes.sublevel wrote:I knew if you kept a firearm "over night" it has to be logged, but what if I offered same day turn around (obviously I will have a serial number invoice service log Im going to keep) or just offering ramp polishing service (think Im going to do my SIG P238 this weekend also
Send them what they ask for, nothing moresublevel wrote: DO you personally think sending the copies of the zoning law, copies of my background forms, proof of home owner ship, copy of my CHL and info, proof of registered business name and filing for TAX ID and 03 FFL would help speed the process???
Well, you can always ask themsublevel wrote:the reloading ammo idea for profit went out the door when I found out that you got to pay all the taxas on it plus the additional insurance...
too think I dumped a ton of money into my steup (hornady LNL progressive, like 11 different shell plates including 5.7 custom, hornady matching dies, measures, etc - which might just go up for sale since I have a single stage also) before I got the wording from the ATF agent... basically the 06 fee, 11% taxes on sales, and close to 2500.00 for ITAR (??) I think it was, plus the 1,000,000.00+ insurance incase there ever was an accident... I am curious how several people get away with selling reloads at shows or even online (if what I have been told is correct)
Most folks are glad to talk about their business at gun shows, so long as you don't scare other customers away. Truth be told, lots of ammo folks scrimp on the ITAR fees (i.e. - they don't pay). Nothing wrong with being a good reloading component reseller though. Folks like knowing people that know how to make ammo just right, and they like it even more if they can buy from you. I went through almost the same thing with my younger brother. He had terminal cancer, so I basically took all the money I was saving for my FFL business and spent it to give him the best last few months possible. He passed about 11 months ago.sublevel wrote:Also I didn't get the 07 FFL do too money, parents needed help (dad makes jack on retired military pay and moms dying of cancer ((terminal)) and Ive been helping them live, so business funds almost went out the door, but Im (trying) selling a few guns and things to cover that
You cannot legally "take possession" of a gun (i.e., keep overnight, etc.) without being an 01.sublevel wrote:to work on or clean guns legally for others do you need to have an 01 FFL??? (obviously have not looked into yet)
The 03 won't matter at all. C&R is kind of a tinkertoy FFL (no offense). As for the 06, I still don't understand why you don't get an 07 (of course, changing from an 06 to 07 only takes a few weeks, but still...)sublevel wrote:well Im hoping that with all the extra stuff I sent and already having my 03 FFL and Texas CHL that it might be just as quick
all I am doing now is getting my house in order, web site design started, and putting the word out things are in motion
Depends. From the time I sent in my app to the time I got my license it was 4 weeks. Kinda blew me away, actually.sublevel wrote:My debit card was charged on march 23, called ATF April 5th they said VA had my application march 27 and it would be 60-90 days after that before I know anything
I thought they only had 60 days?
Not a problem. When I was first working on getting my FFL, mrvmax on here helped me a TON. I'm just paying it forwardsublevel wrote:Thank you for your fast reply, I noticed your helpfulness on others questions, thanks
My greatest condolences to you. My mother passed from cancer in '94, then my father in '05, then, sadly, my baby brother passed away here in my home about a year ago. He was the one that finally convinced me to get off my butt and get my FFL.sublevel wrote:back to others handeling 4473 part, my normal day job hours are mon-thur 1p-1am im normally of fri-sun (I like to have 1 day off really) the wife works wed, late friday, all day saturday and sunday afternoon... my father take care of my mom full time until see passes (bad cancer, getting worse) and Id like the option of being flexible to FFL transfers and give my dad something to do after my mom passes (hes ex 22yrs airforce and clean record)
so could they in turn handle the business if needed while Im at work? or do they need to be listed on the application (they can all legally buy firearms)
One accidental double charge or a slow cooker and you could be in bad mojo. On the other hand, people DO have successful businesses that way, so I'll offer only one bit of advice: Get a lawyer. One that understands product liability. Also, most folks won't be too keen on signing a liability waiver when buying ammo. I've never heard of that, in fact. Also, don't forget that Federal Excise Tax applies to new ammo as well as ITAR fees.sublevel wrote:Now as far as ammo goes, Im far from public resale, I just dumped tons of money in equipment (Hornady LNL and LEE challanger breech lock, with Hornady setups for 15 calibers -5.7x28mm 50ae and 500sw were costing too much to play) but, in all legal wise, I have been asked to develope loads for caliber I don't have, and thought about a waiver of libality form...
That's awesome, actually. Don't worry too much about the "guns per month" question, I think they use that for traffic alerts. If you say you're moving 20 guns/mo and you move 2000, they're going to get suspicious.sublevel wrote: The gun smoth portion: I have no clue how many ak and saiga questions I have answered, along with glock and ruger 10/22 custom stuff, and vaious stuff that needed to be replaced
As I said in another post -- you can't do that without hitting the buyer with 11% FAET. If the customer buys a lower from you one week, then buys an upper the next, that's different. However, if the ATF thinks you're doing that to avoid FAET, you're going to have a lot of explaining to do. Don't give them the impression you're dodging things, that will just make them dig deeper in an inspection.sublevel wrote: So can I still order in lowers and uppers, process the lower sell them the upper and "gun smith" fit it IF they request help? (I know the 07 FFL would take that worry out)
Exactly. Having a customer purchase a lower and upper, even different brands, is the same as selling a rifle and WILL result in an 11% Federal Excise Tax that YOU must pay. If you don't pass that on to the purchaser at the time of sale, that's like giving them a free 11% discount (not that they'll complainapostate wrote:If you become a dealer, make certain you understand what activities might trigger the FAET.sublevel wrote:You mentioned UPPERS... now when I built/had built my AR-15 at a gun show... I picked a lower, had some stuff changed, same with an upper... BUT! I had to place the UPPER AND LOWER togather, they WOULD NOT DO IT
). If the ATF thinks you're playing hanky-panky with those rules, you can be certain you will be raked over the coals. Moreover, if you're an 01 FFL, they can say you're "manufacturing" and aren't licensed for it, and bye-bye license.
).Seems like you've taken care of everything you need to.sublevel wrote: #1 does anyone see a problem with this set up or have suggestions?
I doubt it. My "official" hours are 5-8p M-F. The ATF was fine with that. You just have to have specific hours.sublevel wrote: #2 will just having part time hours set on the form for the weekend hurt my chances?
The ATF doesn't care about that.sublevel wrote: #3 will having such a young child hurts my chances (all gun saftey is followed!)
ok, that's an 01 FFL.sublevel wrote:#4 my goal is to be able to do transfers, work on guns for friends of friends, and sell parts through various accounts
If you operate as sole proprietorship, no, but I'd say invest the $200-$300 and make an LLC. Shields your personal property from liability issues, along with other benefits.sublevel wrote: #5 do you NEED to be a LLC for this?
Yes and no. There's no need to add people, you can designate people to do 4473s/A&D entries, it's just that you (or all the officers of the LLC, even if that's just you to begin with) are responsible for following the laws.sublevel wrote:#6 can I add other people to the FFL as needed (such as wife or my father?)
LOTS of liability issues here, and you'd most likely want to be an 07, in case you decide to make uppers, for instance. However, that smacks into ITAR issues as well (a multi-thousand dollar nightmare, annually).sublevel wrote: 06 FFL - guessing that is needed if I intend to reload and sell ammo?
You are most welcomesublevel wrote: Thanks in advance