April 26, 2012, 07:07 PM | #1 |
Member
Join Date: November 10, 2011
Posts: 51
|
LE Demo letter?
I am just starting to learn about NFA and Class 3 weapons and the laws around them... What is meant by Law Enforcement demo units? What are the requirements to purchase these guns? Is this something a civilian can do?
|
April 26, 2012, 07:18 PM | #2 |
Moderator Emeritus
Join Date: June 25, 2008
Location: Austin, CO
Posts: 19,578
|
If I have my facts straight, a LE Demo letter is in regards to a Post-1986 full-auto weapon. Only military and LE can own such weapons and a letter of intent/request for evaluation must be submitted to the dealer before the firearm can be transfered. I guess the intent is to keep people from becoming dealers and buying post-86 guns to use for themselves.... they can't order the guns without an LE request.
No, it's not something a civilian can do.
__________________
Nobody plans to screw up their lives... ...they just don't plan not to. -Andy Stanley |
April 26, 2012, 07:28 PM | #3 |
Member
Join Date: November 10, 2011
Posts: 51
|
That's kind of what I thought too, I was thinking, what was stopping me from becoming a dealer? I really wish they would repeal this ridiculous law...
|
April 26, 2012, 10:24 PM | #4 |
Senior Member
Join Date: December 23, 1999
Location: South Sioux City, Nebraska
Posts: 704
|
What is stopping you from becomming a dealer? I would guess you did not fill out the paperwork set up a business.
Goto BATFE website and download the NFA Handbook, it will provide info. |
April 26, 2012, 10:56 PM | #5 | |
Senior Member
Join Date: February 10, 2010
Posts: 720
|
Quote:
I wish we could go back to pre-86 myself, but it isnt going to happen soon. As far as becoming a dealer, go get your FFL, then get your SOT, its simple and straight forward. You can do it from your home if your local authority does not prohibit a home based retail business. |
|
April 26, 2012, 11:06 PM | #6 |
Senior Member
Join Date: March 29, 2012
Location: Fort Riley, Kansas
Posts: 186
|
A friend of mine got his FFL and he also teaches a CC class. So he lets his students transfer weapons through him and his "business" is on 6 acres of land where he teaches pistol classes. He doesn't get hassled. Not sure if this helps at all.
|
April 27, 2012, 12:46 PM | #7 | |
Member
Join Date: November 10, 2011
Posts: 51
|
Quote:
There's nothing stopping me from getting my FFL, other than the fact that I don't need it for anything other than the possibility of purchasing a demo rifle (other than maybe doing some transfers here and there...) |
|
April 27, 2012, 01:49 PM | #8 | |
Senior Member
Join Date: March 5, 2009
Location: Uh-Hi-O
Posts: 3,006
|
Quote:
__________________
"9mm has a very long history of being a pointy little bullet moving quickly" --Sevens |
|
April 27, 2012, 02:26 PM | #9 | ||
Senior Member
Join Date: January 23, 2006
Location: Plano, Texas
Posts: 3,073
|
Quote:
__________________
Need a FFL in Dallas/Plano/Allen/Frisco/McKinney ? Just EMAIL me. $20 transfers ($10 for CHL, active military,police,fire or schoolteachers) Plano, Texas...........the Gun Nut Capitol of Gun Culture, USA https://www.youtube.com/watch?v=pELwCqz2JfE |
||
April 27, 2012, 11:27 PM | #10 | |
Senior Member
Join Date: February 10, 2010
Posts: 720
|
Quote:
If you are obtaining an FFL just to aquire firearms, it is doubtful if you will get your FFL, and also doubtful if you will keep said FFL. Even less though when dealing with SOT firearms. If you want to sell or transfer firearms as a business to make a few bucks or more, thats what an FFL is for. You can purchase a firearm with your FFL for yourself, and transfer it to yourself. I would advise you to be careful though if you are mainly going to get an FFL just for your own purchases. Last edited by Fishing_Cabin; April 28, 2012 at 07:20 AM. |
|
April 29, 2012, 01:48 AM | #11 |
Senior Member
Join Date: December 23, 1999
Location: South Sioux City, Nebraska
Posts: 704
|
The smart money buys transferable machineguns, they increase in value.
The stupid money gets addicted to full auto fire and buys post sample machineguns which have no value other than the fun of shooting. |
April 29, 2012, 07:27 PM | #12 | ||
Senior Member
Join Date: January 23, 2006
Location: Plano, Texas
Posts: 3,073
|
Quote:
__________________
Need a FFL in Dallas/Plano/Allen/Frisco/McKinney ? Just EMAIL me. $20 transfers ($10 for CHL, active military,police,fire or schoolteachers) Plano, Texas...........the Gun Nut Capitol of Gun Culture, USA https://www.youtube.com/watch?v=pELwCqz2JfE |
||
April 29, 2012, 10:42 PM | #13 | |
Senior Member
Join Date: February 10, 2010
Posts: 720
|
Quote:
|
|
May 1, 2012, 05:31 PM | #14 | |
Member
Join Date: November 10, 2011
Posts: 51
|
Quote:
It's becoming clear that LE demo units are not the best way to get my hands on the rifles I can only dream of.... |
|
May 1, 2012, 06:16 PM | #15 | ||
Senior Member
Join Date: February 10, 2010
Posts: 720
|
Quote:
First, any machinegun made/imported after May 19, 1986 can be transfered to any Special Operations Tax (SOT) payer if they have LE letter stating that any agency would like to see/demo the firearm. The firearm may only be retained as long as the FFL continues to pay the SOT ($500 each year if I remember properly, plus the FFL). If the FFL holder drops the SOT, he/she must transfer to another dealer paying SOT, a LE agency, or legally destroy the firearm. Quote:
If you buy the $12,000 transferable M-16 you can probably sell if for what you paid, or probably for more in 15 years. If you buy a LE Demo M-16, for say, $1,500. then pay $500 sot each year, and a round up to $100 every three years for your FFL (its actually $90 but rounded up for easy figures). You would have $7500 for your SOT, $500 for your FFL, and $1500 for the rifle itself. Since other dealers have samples, I doubt they want yours unless its cheap or free when you do sell it. So you have at this time 15 years later, $8000 in fee's paid to the government, plus the original price of $1500 for the m-16, say around $9500 in it, and you could probably not sell for much, if at all. Of course this is not counting any possibly legal issues, nor have I included the cost for the local/state business license/fee's. I guess it depends on how you view the math Last edited by Fishing_Cabin; May 1, 2012 at 06:40 PM. |
||
May 1, 2012, 07:23 PM | #16 |
Senior Member
Join Date: March 5, 2009
Location: Uh-Hi-O
Posts: 3,006
|
The M16 is a good example but what if someone was dead set on getting a FA G36? There are no transferable FA G36. What about a MAG-58? A postie MAG is about $10,000 and the last time I saw a transferable one it was $75,000
Just sayin...
__________________
"9mm has a very long history of being a pointy little bullet moving quickly" --Sevens |
May 1, 2012, 07:34 PM | #17 | ||
Senior Member
Join Date: February 10, 2010
Posts: 720
|
Quote:
There may be plenty of examples of the price differential, but when you add in the possibility of a felony conviction, and up to $250,000 (individual) fine, or $500,000 (for a corp) I think you will still find the price a good bit high for trying to go around what is legally allowed to be transfered to a non-dealer, vs becomeing a dealer only to purchse a certain firearm. Quote:
Last edited by Fishing_Cabin; May 1, 2012 at 07:42 PM. |
||
|
|