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FFL Holder / NICS Check

gregw
If you are an FFL holder and you inheret several guns, say more than 10...Do you have to fill out a 4473 form for each gun or can you simply log them into your book. Or can you fill out a 4473 form for yourself and list multiple guns on it?
Or , simply do not do anything but have posession of them and sat nothing.
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Comments

7 comments

Date Votes
  • iwannausername
    Depends.

    If face to face transactions are legal in your state, and if you aren't keeping them at your licensed premise, then I think you can just have 'em - not sure since the only FFL I deal with has a license at his shop and a second at his home, so he gets to do lots of paperwork when he takes something home for the weekend.

    On your licensed premise, then bound book, etc. If you get them from out of state or face to face isn't legal then bound books, etc.
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  • 260
    as i see it you have two options.
    log them into your personal firearms book, as in you had them before you became an FFL holder. or, if you think you might want to sell them , log them into your bound book and show the acquisition.




    ffl dealer/gunsmith
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  • p3skyking
    Federal law only, your state law may vary. If they were willed to you and you are not going to sell them in your shop, why would you need to put them in your bound book? Planning on running a NICS on yourself?
    If you plan on selling some, log them in your book coming from you.
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  • fordsix
    just log in to your book from the executor of the estate and log them out to your self no 4473 is needed
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  • 41 nut
    I've had a FFL for over 30 years and operate a repair - sales shop out of my home. Any personal guns I obtain I log into a bound book that is kept seperate from my business bound book and rather than numbered is called personal guns. That way there can be no question by ATF as to which guns are for sale and which guns are part of my personal collection. I was advised by the investigating ATF agent when I applied for my FFL to do it this way. And according to the law if you keep a firearm in your personal collection for at least 1 year you do not have to have a 4473 filled out by the purchaser as long as he is a resident of the state in which you reside - simply note his name and address in the disposition colums of the bound book. By entering a personal firearm in the personal guns bound book you have proof of when you obtained it and how long it has been in your personal collection that will satisfy ATF agents doing a complience check. At least they have been happy with the way I do it.
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  • MIKE WISKEY
    "log them out to your self no 4473 is needed", THIS IS NOT TRUE (ACCORDING TO THE ATF). If you use your FFL to obtain a firearm, and you want to keep it as a 'personal' gun you must run a background check on yourself (and pay any applicable sales taxes). In the case of inherited guns that you intend to keep, just log them into your personal log.
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  • dav1965
    What about inheritance tax?
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