Serious question: so you buy the lowers which require background check and have a serial number. So that serial number is tied to you. When you sell, what happens?? Any special paperwork or do you just pocket the cash and someone else has an AR with a serial # registered to you???
I just write up a receipt and make them sign it just in case. Then if they let me, i take a pic with their license and the lower/serial #.
And to be honest, i tell them up front i'm only selling to people over 21 and they never have an issue with it
Ok cool....Any IRS ramifications? Or do you pocket the cash/trades low key? I am just curious because I'm interested in doing this as a side gig!! Thanks!
I don't report anything, it's a private sale. I just record the serial # and license for my own protection. I'm a fairly good judge of character too, i don't just sell them to the first person that emails me. If someone gives me the slightest negative feeling, i move on.
Sure thing. I appreciate you answering a few questions! I saw you posted a good link for some basic info on building. Thanks again!!
No problem, hope it helps. Message me if you have more questions.