when does a ppt count considering the 5 in 1 year rule

[Jgc731]

...asking for a friend...

1) Does the PPT limit of 5 per year cover a 12 month period or does it reset to 0 on Jan 1?

2) If it resets on Jan 1 and a PPT started in late Dec but buyer picked up in early Jan, does it count as 1 under last year's count or the new year's count?

3) Would an FFL refuse a PPT if friend was at limit?

4) I search on here and there has been no "enforcement" but friend would rather side with caution and not end up on any "Watch Lists" and just wanted to sell off stuff to buy something more expensive.

Thanks in advance

[FalconLair]

im not sure, but from what i've interpreted it's based on 365 days which starts after that first PPT

that's what a friend told me

[edgerly779]

FFL has nothing todo with it. 5 in one year only for handguns use search.

[trigger945]

Calendar year (resets 1/1)

[P5Ret]

Pick-up date has nothing to do with it either, since it regulate's the seller.

[smak28]

...asking for a friend...

1) Does the PPT limit of 5 per year cover a 12 month period or does it reset to 0 on Jan 1?

2) If it resets on Jan 1 and a PPT started in late Dec but buyer picked up in early Jan, does it count as 1 under last year's count or the new year's count?

3) Would an FFL refuse a PPT if friend was at limit?

4) I search on here and there has been no "enforcement" but friend would rather side with caution and not end up on any "Watch Lists" and just wanted to sell off stuff to buy something more expensive.

Thanks in advance

I haven't kept up with the laws since 2017, but this is what I remember, so please someone correct me if this is incorrect:

1) 5 per year limit is only for SELLING & not buying. Selling starts counting January 1. PPT BUYING is excluded from the 5 per year limit

2) I'm pretty sure it's DROS date that counts

3) FFL wouldn't refuse. Supposedly, you would "raise a red flag" with CA DOJ if you SELL more than 5 per year

4) See #1

[tonyxcom]

PPT BUYING is excluded from the 5 per year limit

The only limit on buying is 1-in-30 for handguns. PPT are exempt from that though.

[smak28]

The only limit on buying is 1-in-30 for handguns. PPT are exempt from that though.

Correct

[P5Ret]

The only limit on buying is 1-in-30 for handguns. PPT are exempt from that though.

My wallet keep's telling me different.

[Old Flash]

...asking for a friend...

1) Does the PPT limit of 5 per year cover a 12 month period or does it reset to 0 on Jan 1?

2) If it resets on Jan 1 and a PPT started in late Dec but buyer picked up in early Jan, does it count as 1 under last year's count or the new year's count?

3) Would an FFL refuse a PPT if friend was at limit?

4) I search on here and there has been no "enforcement" but friend would rather side with caution and not end up on any "Watch Lists" and just wanted to sell off stuff to buy something more expensive.

Thanks in advance

For selling handguns, its 5 transactions per year. One transaction can be for one or more than one handgun.

[AreWeFree]

So what happens if you sell your personal property and have 10, 20, or 30 transactions for a year or two?

If you're not acting like an unlicensed dealer, what law would you be breaking?

[billped]

^^^ give it a try and let us know what happens.

[liberty47]

^^^ give it a try and let us know what happens.

^^^^^ same

[AreWeFree]

I would if I had that many. Moving is a pain in the ***, less stuff is better.

If I legally own 10, 50, 200, or 500 guns and decide to sell them all individually, what law would I be breaking?

"Infrequently" is a law meant to enforce FFL licensing and selling as a business.

[Sure Shot 45]

The only limit on buying is 1-in-30 for handguns. PPT are exempt from that though.

Correct

Unless you PPT in Los Angeles.