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Purchase Firearms Wholesale Using the Federal Firearms License

If you've ever purchased firearms, you are aware of the transfer fees most dealers charge to accept a firearm, conduct experience check and sell the firearm to you. Most dealers charge a standard fee ranging from $15.00 to $50.00 and sometimes more. If you buy just a few firearms a year you can save by obtaining your ffl license.

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The Gun Control Act (18 U.S.C. sec. 923(d)) provides the Bureau of Alcohol, Tobacco and Firearms the opportunity to oversee companies that offer firearms sales and service. There are plenty of regulations that you will need to understand in order to obtain a federal firearms license.

It's really not too difficult to acquire a ffl license, and the ATF will approve the applying if the applicant:

* Is 21 years or older;

* Isn't prohibited from shipping, transporting, receiving or possessing firearms or ammunition;

* Has not willfully violated the Gun Control Act or its rules;

* Hasn't willfully failed to disclose information or willfully made false statements concerning facts on his application;

* Has a place (which is likely to become your home) for conducting business or collecting for C&R; and the applicant certifies that:

1. The business to be conducted under the federal firearms license isn't prohibited by State or local law in which the clients are located;

2. Within 30 days following once the application is approved the company will comply with the requirements Local and state law applicable towards the conduct of the business;

3. The company will not be conducted underneath the federal firearms license before the requirements of State and local law applicable towards the business have been met;

4. The government firearms license applicant has sent or delivered an application to the chief police officer where business is located notifying the officer the applicant intends to obtain a federal firearms license.

5. Secure gun storage or safety devices will be offered at any place in which firearms are sold under the license to persons who are not licensees ("secure gun storage or safety" defined in 18 U.S.C. 921 (a) (34).

There myths that state you can't sell out of your house. This isn't totally true. Even though some cities and state codes and ordinances prohibit home based businesses, there are a lot of that time period marketing from your residence.

There are no guarantees that the application is going to be accepted, however if you simply haven't applied before, an easy mistake could get your ffl license application denied or delayed, so take care in preparing the applying.

With a new President potential in office it is usually uncertain of what new legislation is going to be passed when it comes to gun dealers. What if future home federal firearms licenses are banned? It is likely existing dealers would be grandfathered in the new legislation and protected. This can be a very good reason get your federal firearms license now.