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  1. #1
    Marksman

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    Selling NFA question

    How easy or difficult would the process be to sell a suppressor that's on your trust? I have a integral suppressed 458 socom rifle that sees no use I was considering selling. Any help would be appreciated.

    Thanks guys/gals

    Sent from my SM-N975U using Tapatalk

  2. #2
    _________

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    Contact Kenny at Meplat Group. He can walk you through the process.

  3. #3
    Marksman

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    In state, you can transfer directly from your trust to an individual or to another trust on a taxed Form 4. I know some class III dealers that insist it must go through them, but this isn't true. However, if it goes across state lines then you must go through dealers in each state.
    Doug

    If you do what your enemy expects, you will die.

    Keytruda came, saw, and kicked my cancers ass!

  4. #4
    Gun Trust Lawyer

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    There are a couple of ways to make it a bit easier and more marketable to a buyer. PM me to discuss.

  5. #5
    Marksman

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    JCcypress I sent you a pm
    Criminals obey "gun control" laws in the same manner politicians follow their oaths of office. Anonymous

  6. #6
    Marksman

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    I was just reading about this.

    If it goes across state lines, the buyer needs to get 2 stamps. one to transfer to the out of state dealer, and the second to actually purchase it.
    If it is in state, just need one form. But the seller needs to hold the item until it gets cleared. So it might be a while of holding it for the seller, and buyer has to trust the seller to hold it for 2-3 months and give it to them.

  7. #7
    Marksman
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    Quote Originally Posted by iomg8 View Post
    I was just reading about this.

    If it goes across state lines, the buyer needs to get 2 stamps. one to transfer to the out of state dealer, and the second to actually purchase it.
    If it is in state, just need one form. But the seller needs to hold the item until it gets cleared. So it might be a while of holding it for the seller, and buyer has to trust the seller to hold it for 2-3 months and give it to them.
    Partially right. If you sell out of state you pay the $200 to a SOT in the buyer's state. Its traditionally on the buyer (unless arranged in the sale of high dollar items) to pay the transfer tax from SOT to them.

    Yes, the holding of the item is weird, but thats how its done. Some sellers do 50/50.
    Advanced Laser Engraving of Louisiana
    sales@advancedlaseroflouisiana.com
    Instagram - advancedlaser_of_la

  8. #8
    Marksman

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    Quote Originally Posted by AdvancedLaser View Post
    Partially right. If you sell out of state you pay the $200 to a SOT in the buyer's state. Its traditionally on the buyer (unless arranged in the sale of high dollar items) to pay the transfer tax from SOT to them.

    Yes, the holding of the item is weird, but thats how its done. Some sellers do 50/50.
    Could it legally be arranged by the seller, buyer, and a ffl for the ffl to hold the item until all paperwork has been cleared?

  9. #9
    Marksman
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    No, an SOT cannot do that. Thats a transfer.

    And it cannot go to any FFL, the FFL has to also be an SOT.
    Advanced Laser Engraving of Louisiana
    sales@advancedlaseroflouisiana.com
    Instagram - advancedlaser_of_la

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