Thread: C&R question
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Old December 22, 2013, 07:06 PM   #22
dogtown tom
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Join Date: January 23, 2006
Location: Plano, Texas
Posts: 3,089
Quote:
noelf2
Quote:
Quote:
1. There is no requirement to make a profit to be engaged in the business. Buying guns that you have no intention of keeping is engaging in the business.....its called repetitive buying and selling. ATF will not care if you made or lost $$$ on the buying/selling.....only if you are buying guns not for your personal collection.
Apparently the ATF does care if you made some sort of profit. And it would hardly be likely that the ATF would be able to prove, or get admission from someone, that they didn't intend to keep the guns for themselves or their collection.
Your cut and paste proves my point..........there is no requirement to make a profit to be engaged in the business. ATF doesn't give a rats hiney if a dealer actually makes a profit. They are concerned with the repetitive purchase and sale of firearms with the INTENT to make a profit.....as stated in your cut and paste.
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