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FFL's Forum For open discussion between FFLs and polite questions for FFLs. |
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#1
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PPT, 2 sellers, 1 purchaser question
2 Sellers, 1 purchaser, 2 stripped lowers.
SO I have a customer that is coming with 2 sellers to do 2 PPTs at the same time. Do I do this as one 4473 with both stripped lowers info on them and 1 DROS or do they have to be done seperate? The 4473 sees me as the seller so not sure how this would work. edit: the more I think about the more I realize it has to be done on 2 seperate DROS's because the seller has to have their ID processed through the system. If anyone has different info please let me know. Thanks, Last edited by CifaldiPrecision; 01-06-2013 at 4:25 PM.. |
#2
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well, you could offer the buyer the option of letting you DROS the lowers to him as a regular transfer, and not as a PPT transfer. That way, you could do just one DROS and one 4473.
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Jack Do you want an AOW or C&R SBS/SBR in CA? No posts of mine are to be construed as legal advice, which can only be given by a lawyer. |
#3
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If you do it as a PPT, it would require two DROS, one for each seller. The total fees would be limited to $35 each, for a total of $70.
You could do it as a regular transfer with one DROS, but your fees would not be limited, so you could charge $45, which would make it the same cost. If you charge less, it is better to go this route, if you charge more, then it is better for the customer to do it as a PPT. If the buyer is denied, then the sellers would have to DROS it to get it back. The Feds (4473) has no concept of a PPT, so you could fill out one 4473 and list both DROS on it.
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Kemasa. False signature edited by Paul: Banned from the FFL forum due to being rude and insulting. Doing this continues his abuse. Don't tell someone to read the rules he wrote or tell him that he is wrong. Never try to teach a pig to sing. You waste your time and you annoy the pig. - Robert A. Heinlein |
#4
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If you do it as a PPT, it would require two DROS, one for each seller. The total fees would be limited to $35 each, for a total of $70.
You could do it as a regular transfer with one DROS, but your fees would not be limited, so you could charge $45, which would make it the same cost. If you charge less, it is better to go this route, if you charge more, then it is better for the customer to do it as a PPT. If the buyer is denied, then the sellers would have to DROS it to get it back. The Feds (4473) has no concept of a PPT, so you could fill out one 4473 and list both DROS on it.
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Kemasa. False signature edited by Paul: Banned from the FFL forum due to being rude and insulting. Doing this continues his abuse. Don't tell someone to read the rules he wrote or tell him that he is wrong. Never try to teach a pig to sing. You waste your time and you annoy the pig. - Robert A. Heinlein |
#5
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Quote:
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#6
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I just did a PPT with 3 sellers and 1 purchaser and had him fill out 3 4473's because I wasn't sure if I could list all 3 dros numbers in box 21b (the one that asks for the NICS number).
Iron works- Just remember if you decide to do it as a dealer transaction and not a PPT any handguns would need to be on the roster and the purchaser may also need to pay sales tax. |
#7
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I just did a PPT with 3 sellers and 1 purchaser and had him fill out 3 4473's because I wasn't sure if I could list all 3 dros numbers in box 21b (the one that asks for the NICS number).
Iron works- Just remember if you decide to do it as a dealer transaction and not a PPT any handguns would need to be on the roster and the purchaser may also need to pay sales tax. |
#8
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Thanks Grego21
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#9
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Quote:
A firearm shipped in from a CA private seller would not be subject to sales tax if it is a private sale, an occasional sale and not from a business (can be through a business for shipping). This would not be a PPT.
__________________
Kemasa. False signature edited by Paul: Banned from the FFL forum due to being rude and insulting. Doing this continues his abuse. Don't tell someone to read the rules he wrote or tell him that he is wrong. Never try to teach a pig to sing. You waste your time and you annoy the pig. - Robert A. Heinlein |
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