PPT Question

[DT556]

Is there a limit to how many guns you can sell each year?

[paul0660]

Not a limit to guns, a limit to sales transactions, no more than 5 per year (less than 6). So you can sell a passel of guns in one transaction, 5 times a year. I think it is a 12 month year, not the calendar year.

[littlejake]

Language is specific to calendar year.

"(c) (1) As used in this section, "infrequent" means:
(A) For handguns, less than six transactions per calendar year.
For this purpose, "transaction" means a single sale, lease, or
transfer of any number of handguns.
(B) For firearms other than handguns, occasional and without
regularity."

[CSACANNONEER]

If you have 100 guns and need to liqiudate your collection, you can. You might get a visit from ATF to make sure that you're not dealing without a license but, if you just need to sell them, you'll be fine. Now, if you are actively buying guns during the same time period, you might get screwed.

[DT556]

I've sold 4 this year, and trying to sell 3 more and thats all I want to get rid of for now. Will that be fine? 2 of them were rifles, not sure if it makes a difference.

[Munk]

I've sold 4 this year, and trying to sell 3 more and thats all I want to get rid of for now. Will that be fine? 2 of them were rifles, not sure if it makes a difference.

If you're just liquidating a portion of your collection as CSACANNONEER said, it's fine.

If you're buying and selling and buying and selling, I don't think they'll like that very much and may consider you to be a dealer.

[DT556]

If you're just liquidating a portion of your collection as CSACANNONEER said, it's fine.

If you're buying and selling and buying and selling, I don't think they'll like that very much and may consider you to be a dealer.

Well they were all trades. Does count as buying and selling?

[munkeeboi]

Yes...anytime you transfer to someone else is considered a sale.

You are limited to 5 handgun transactions a year (any number of handguns in the same transcations) and "infrequent" as defined above for rifles. Seems like you can sell all 3 handguns in separate transactions and not raise any red flags.

[DT556]

Yes...anytime you transfer to someone else is considered a sale.

You are limited to 5 handgun transactions a year (any number of handguns in the same transcations) and "infrequent" as defined above for rifles. Seems like you can sell all 3 handguns in separate transactions and not raise any red flags.

I've only done 2 handgun transfers, and 2 rifle transfers. So that means I can do 3 more handgun transfers?

[socal147]

I reached my limit of < 6 handguns. I have two more that will have to wait until 2013 to sell these two handguns. Rifles are not included in the < 6 rule. The answer to your question is yes, you can transfer 3 more handguns. Some say this rule is not closely monitored. I choose not to take the risk.

HTH

[morrcarr67]

I've only done 2 handgun transfers, and 2 rifle transfers. So that means I can do 3 more handgun transfers?

Yes.