Selling a suppressor?

Sharkbite · May 31, 2014, 12:46 PM

Lets assume i decide down the road i want to sell one of my cans to a buddy.

If he has a trust, can we do a form4 from my trust to his? Tax stamp paid with the form 4 submitted

How does it work selling a NFA item?

Theohazard · May 31, 2014, 01:35 PM

You've got it right, it's basically the same as if he were buying it new: He submits the Form 4s and a copy of his trust along with the $200 check. And just like if he were buying new, he can't take possession of the silencer until the tax stamp comes back, so you need to hold onto it until then.

Sharkbite · May 31, 2014, 03:10 PM

So, no SOT dealer needed as a middle man. Is that correct?

Theohazard · May 31, 2014, 03:45 PM

Correct, as long as you both live in the same state.

May 31, 2014, 12:46 PM	#1
Sharkbite Senior Member Join Date: November 4, 2013 Location: Western slope of Colorado Posts: 3,679	Selling a suppressor? Lets assume i decide down the road i want to sell one of my cans to a buddy. If he has a trust, can we do a form4 from my trust to his? Tax stamp paid with the form 4 submitted How does it work selling a NFA item?

May 31, 2014, 01:35 PM	#2
Theohazard Senior Member Join Date: April 19, 2012 Location: Western PA Posts: 3,829	You've got it right, it's basically the same as if he were buying it new: He submits the Form 4s and a copy of his trust along with the $200 check. And just like if he were buying new, he can't take possession of the silencer until the tax stamp comes back, so you need to hold onto it until then. __________________ 0331: "Accuracy by volume."

May 31, 2014, 03:45 PM	#4
Theohazard Senior Member Join Date: April 19, 2012 Location: Western PA Posts: 3,829	Correct, as long as you both live in the same state. __________________ 0331: "Accuracy by volume."

May 31, 2014, 03:10 PM	#3
Sharkbite Senior Member Join Date: November 4, 2013 Location: Western slope of Colorado Posts: 3,679	So, no SOT dealer needed as a middle man. Is that correct?