Posted on 04/24/2024 6:52:54 PM PDT by george76
Adjusted for inflation? /s
This article seems to clearly state the situation.
It adds history and background.
It is not confusing, unlike many announcements reported about the ATF and guns.
Good Post
thing is, they have no idea what I paid for any particular gun. All you have to do is sell for a dollar less than the price guide. see no profit. Or go to selling “this collectable photo” and the gun comes with it free. no profit.
Thank you.
“ATF Rule Change Creates a Trap for the Unwary”
That’s ok, Trump is just too BRASH. I’d rather go to jail under Biden’s new rules than have to defend myself against my sister and her family when talking about Trump.
The ATF has nothing to do with criminals except to create as many as possible out of honest gun owners. That agency is no longer engaged in controlling anything other than class warfare and the elimination of legitimate firearms ownership. This is activist government pretending to be a regulatory agency. Poorly.
Hold on there. The Executive branch now makes “laws”. If you had a Glock and sold it for $550 then the government could say you bought it for $450. So what if you show them the receipts from years ago showing you paid $550? They make the laws and that’s it.
Oh, and it’s “democracy”.
I can attest to the fact personally no LEOs know firearms laws
Arrest you and let your lawyer and state attorney or AUSA sort it out is their mindset
Maybe a few exceptions
Who is to decide what a gun is worth? The buyer and the seller, of course. Who is to decide you are making a profit on a private sale? I bought it for $X and sold it a year later for $X+1. Is that a profit or simply inflation? And how long do you have to keep it before you aren’t just flipping it for profit?
I can’t imagine that this will not be challenged in court.
Watched a Los Angeles, CA area police chase. It ended with at least 2 of the police shooting up (and wounding the driver of) another vehicle - a distance separation from the “target” (bad guy) vehicle being:
8 feet
One can find a gun to buy from a manufacturer or wholesaler and buy it through a local gun shop who does the paperwork for a nominal fee.
Should be able to sell a gun to another person through a gun shop with an FFL who calls in the background check for a fee too.
You are right, you seldom get a good price for a gun from a gun shop.
As with all bad Government rules they should be ignored.
I rather suspect the murder of the man in Little Rock by the ATF who bought and traded pistols was just sending a message to Gun owners saying we will come kill you for any reason..or no reason just because we can as we are thugs doing our Master’s bidding aka Democrats.
What if I make an improvement like filing off a small burr? Aren’t I entitled to compensation for my time and expertise? Or if I sell it with an additional magazine — if the BTAFE even knows a magazine in this case isn’t referring to a periodical.
What guns? I never owned any guns.
Obviously for or own safety. Criminals always obey the laws. Like that illegal who was ventilated in Ohio when he pulled a gun on the cops.
how to finally defund and abolish unconstitutional agencies doing unconstitutional krap to the American public?
Unfortunately, the above statement is not universally true. I live in the Soviet of Washington. In my state, private transfers of personal firearms is severely limited to mostly “family members.”
The laws of the Soviet of Washington have pretty much destroyed the Washington Arms Collectors (WAC is an NRA affiliate gun collector and gun show sponsoring club). I have belonged for many years and the attendance and participation at such shows is a shadow of what it formally was. For a long time WAC screened members for criminal records and only allowed members to sell to members. Then with changes in State Law, WAC got selected FFL dealers to perform background checks on all firearms transfers for a very modest fee in exchange for WAC giving them a firearms transfer booth/table at the gun show.
One thing I would like to point out is that Al Capone was gained over tax evasion. Technically selling something at a profit is a short or long term capital gain if one is not a business (AKA selling a toaster). IRS Capital gains rules do not allow the cost basis to be adjusted for inflation or a host of other factors. Therefore, unless a private collector who “flips” a firearm for a “profit” reports the sale and capital gain on their taxes; they have committed a federal crime.
I think that the federal government is trying to make firearm ownership very difficult and is setting traps to make criminals out of solid citizens who responsibly use firearms or collect firearms.
The only positive aspect is that firearm sales are at record numbers with more and more new firearms owners. This trend will ultimately, put political pressure on ATF and politicians to stop the nonsense of trying to outlaw legal firearm ownership.
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