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IIRC (and I'm confirming this on the ATF website but, like all things governmental, it's glacially slow) 01FFL is intended as a business license, and private dealing is discouraged if not actually illegal. There must be a registered place of business or storefront, copious record-keeping, and the possibility (threat) of auditing to prevent these kitchen-table dealings.
Besides, giving friends and family good deals is a bad reason to start any business, especially one as regulated as firearms dealing.
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