They cashed my check

[cubrock]

I put in my tribute to Caesar to get a dealer SOT. ATF cashed my check this past week, so I should be seeing my most expensive tax stamp shortly.

What started this was me doing the math on four suppressors I planned on buying this year. What I will save by buying them as a dealer will pay for the SOT. Plus, a good friend plans on buying some suppressors and has friends of his buying some, too. At a nominal transfer fee, those would pay for the SOT, too.

I can see where having it could get really expensive. Like, @BigWaylon number of suppressors expensive.

 

[BigWaylon]

I can see where having it could get really expensive. Like, @BigWaylon number of suppressors expensive.

Don’t remind me...

I should’ve gone the SOT route years ago and done transfers since then.

 

[amnesia]

I’ve also considered it for FA post samples

 

[cubrock]

I’ve also considered it for FA post samples

Yeah, that could be even more expensive.

 

[amnesia]

Yeah, that could be even more expensive.

If they didn’t have the requirement that you needed to sell to the public I’d be all over this.

 

[HMP]

Pardon my ignorance, SOT?

 

[Button Pusher]

If they didn’t have the requirement that you needed to sell to the public I’d be all over this.

You could price so nobody would want to buy one from you, one gun store advertises transfers for $60 each.

 

[BigWaylon]

Pardon my ignorance, SOT?

Special Occupational Taxpayer

https://en.m.wikipedia.org/wiki/Special_Occupational_Taxpayers

it’s what allows you to deal in NFA firearms...

 

[BigWaylon]

@HMP

If you’ve ever bought an NFA item from out of state, it most likely transferred on a Form 3. That’s a tax-free transfer between SOTs, just like the top of the form indicates:



One of the most common things you’ll see is somebody saying that dealer is an 07/02 SOT. That’s a Type 7 FFL with a Class 2 SOT, which allows for manufacturing of NFA items. Just throwing that out there in case you’ve ever seen 07/02 mentioned and had no idea.

 

[MadMardigan]

I’ve considered going this route as a side business for awhile.

lots of questions going into it though

 

[ronn47]

I put in my tribute to Caesar to get a dealer SOT. ATF cashed my check this past week, so I should be seeing my most expensive tax stamp shortly.

What started this was me doing the math on four suppressors I planned on buying this year. What I will save by buying them as a dealer will pay for the SOT. Plus, a good friend plans on buying some suppressors and has friends of his buying some, too. At a nominal transfer fee, those would pay for the SOT, too.

I can see where having it could get really expensive. Like, @BigWaylon number of suppressors expensive.

Did you do NC and SC?
Or did you just leave us hanging down here

 

[cubrock]

Did you do NC and SC?
Or did you just leave us hanging down here

NC only. I'd have to have a premises and FFL in SC to do SC. I have that option available due to a family member living in SC, but I have, as yet, not availed myself of that. NC has been enough work.

 

[cubrock]

It has arrived! Funny that they give you absolutely no guidance on how to use the dang thing. I know just enough to be dangerous. The learning curve begins (and the money starts flowing outward as I buy some cans I want, er, to demo - LOL!).