I was wondering how do you sell a transferable class 3 firearm on a form 4? I know I can find buyers really quick but what are the steps to take? Collect funds 1st, then what? I don't want to use a broker if possible.
That would be a Form 4, not Form 3. F3 is for dealer to dealer tax exempt only.nationwide said:Another thing you can do is find a reputable dealer in your state, and transfer it to him on a form 3...
You get the benefit of his reputation, and also tax free out of state transfers (since you already took the $200 hit to transfer to form 3)
The dealer referred to here is the buyer's state dealer. The law considers the initial transfer (whether in-state or to a SOT dealer out-of-state) to be your excise tax return. So the F4, after it is approved, will be mailed to you. You make a copy for your records and include the original with the gun when you send it to the transferee. Remember, if you're transferring to an out-of-state SOT dealer, only the front side of the F4 has to be filled out. Also, just about all ATF forms are filled out in duplicate. That should go without saying.infoseeker456 said:You would typically fill out the form 4 for in state transfers. If it is out of state you have to use a dealer. Form 4 to dealer and another form 4 from dealer to buyer. Takes a bit of time.
dchi said:Ok, so I get a copy of a form 4. Do i and the intended buyer fill them out?
Yes, you and the buyer would both fill the forms out.
He sends his off to the BATF and pays the tax, does his back ground check, and waits for approval. He waits to gets it back signed and shows me. Then I hand over the weapon. Is that correct? Do I need a copy of his appoved form 4? How can I be sure its real?
The approved forms will come back to you then you contact the buyer and have them come pick everything up.
Last thing what do I do with my original copy with stamp?
Keep it and frame it, sell it on Ebay, shread it.
Oh what if the buyer is from another state?
You will treat it just like a Title 1 transfer (for the most part), you will fill out a Form 4 with his dealers info, pay the $200 tax, forms will come back to you, ship to said dealer.
Is these easy to do this by myself?
It is no harder then doing the transfer to the instate buyer.
I don't mind waiting but if its a hassle I might let a class 3 dealer handle it. But I was a little ticked by how little my dealer did to transfer it to me and he charged me a $100. Seems like I did everything myself. He says he charges 10 % for selling items.
Sounds like you need to find another dealer.
captbill said:You can transfer on a form 4 across stateline if the gun is a "C&R" and the recipiant has a "C&R" license. Don't forget the finger print card in any case. Form 4's are usually done as an online document and printed out to be signed now. You can get fingerprint cards from ATF- be sure to use ATF fingerprint cards there are differances.
SecondAmend said:I (an individual) have personally shipped a machine gun that was transferred via a BATFE Form 4 to a Class 3 FFL Dealer in another state this year. The NFA Branch and the ATF angent's call back that you got are correct. For shipping, I used FedEx ground, insured, and had no problems in any regard.
Best of luck with your process.
Not legal advice, MHO, YMMV, I am not affiliated with FedEx or the BATFE nor do I endorse either entity, etc.
blick said:The US Marshalls shot the Weaver's dog. That's what started the whole mess at Ruby Ridge. It wasn't ATF, as much as the batfags deserver opprobriation. They also are not the ones who burned the kids at Waco. That was the FBI.