Another cost some may overlook is the $500/year to state for an LLC. Not sure if others are going the LLC route for their business but it seems like a good idea.
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Come join us in Littleton. Almost all of us are NES Green members. You'll fit right in. Jack.Fwiw I tried to get a ffl at my brothers business. What killed it was the insurance company that insures the building said no ffl's or else they would cancel policy.
Come join us in Littleton. Almost all of us are NES Green members. You'll fit right in. Jack.
I really would love to do this but it's hard to justify the rent at $1,920 a year, how much of that on average gets recoup by the existing tenants via transfers?
Also do all transfers have to be done in Littleton (registered office) or can they be done anywhere like at range for example.
thanks
Harry
You can convert ARs to full auto on the cheap. (still need green card).
Pretty sure you don't need the green card if you are a manufacturer (07 FFL).
https://malegislature.gov/Laws/GeneralLaws/PartI/TitleXX/Chapter140/Section121
What exactly is the criteria defining an acceptable off-premise location? Since gun shows obviously qualify, the question becomes not "are off premises transfers allowed" but "what is the criteria for a temporary off premises business location?".Transfers MUST be done at the FFL's place of business.
What exactly is the criteria defining an acceptable off-premise location? Since gun shows obviously qualify, the question becomes not "are off premises transfers allowed" but "what is the criteria for a temporary off premises business location?".
What exactly is the criteria defining an acceptable off-premise location? Since gun shows obviously qualify, the question becomes not "are off premises transfers allowed" but "what is the criteria for a temporary off premises business location?".
Actually not the correct question. Business premise with the sole exception being a gun show. It comes to the definition of gun show.
121 does state that section 131 doesn't apply to manufacturers. 131 is where a machine gun licenses are talked about - paragraph o.
Not sure if that is enough to say manufacturers done need a mg license. I'll let others interpret that.
One other point:. The state dealers licence is technically "license to sell/lease/rent firearms, rifles, shotguns or machine guns".
One would think if you are licensed to sell the item (machine gun), then you should be able to possess the item under the same license. In an official capacity of the business of course.
Thoughts?
Transfers MUST be done at the FFL's place of business.
This is not a cost effective way to enjoy the benefits of the FFL and the exemptions. However, those are terrific bennies if you want to run a business. In other words, plan to make some money as a business and ALSO enjoy the benefits.
I personally am looking into getting an 07FFL with SOT to reap the bennies and make it a small side business for now. I can't afford to drop my career to open a storefront and possibly not make it. So a side project mainly doing transfers and maybe focusing on harder to obtain firearms for folks would work best for me. Or, interstate sales of silencers. Still trying to figure it out.
I really would love to do this but it's hard to justify the rent at $1,920 a year, how much of that on average gets recoup by the existing tenants via transfers?
Also do all transfers have to be done in Littleton (registered office) or can they be done anywhere like at range for example.
thanks
Harry
where abouts do you live?
Purchase of ammo from out of state dealers by mail for personal use?Lets start with just the basic.
What benefits you get by getting an 07 FFL ONLY?
Purchase of ammo from out of state dealers by mail for personal use?
Any benefits that someone might enjoy because they have an FFL have to be incidental to the intended purpose of the FFL. Other than a C&R the purpose is business.
This is a publicly accessible forum, discussing these incidental benefits may lead the less informed to believe these incidental benefits are the primary purpose of the FFL, which they are not. Consider your audience.
Come join us in Littleton. Almost all of us are NES Green members. You'll fit right in. Jack.
The 07 w/SOT also triggers the MA exemption to the ban on silencer possession. An 01 does not.07 can do everything 01 can, but also manufacture guns. You only need the 07.
Thanks all for the answers.
I am not sure where this venture will take me. My thought is why pay the $500 sot payment if I will not use it by July 1. Is this something I need to do from the start or can I add it anytime? I figure by the time this goes through and I can do business it will be March or April
According to ATF they have 60 days max to approve or deny once they get your application.Thanks all for the answers.
I am not sure where this venture will take me. My thought is why pay the $500 sot payment if I will not use it by July 1. Is this something I need to do from the start or can I add it anytime? I figure by the time this goes through and I can do business it will be March or April