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July 30th, 2020, 09:53 PM #1
Class 3 SOT holders, I have a few questions.
As most know, I have my 01 FFL. Coming up on my 3rd renewal. Last time at my 2nd pre-renewal inspection, the inspector was talking me up to get an 03 SOT. I dismissed it given my low-key business. I break even most years and don't move more than 5 or 10 guns most years.
I looked into it with my renewal coming up and learned quite a bit. But some questions remain. I haven't seen or heard from ATF except at renewal. Can I expect the same if I receive my SOT or does being an NFA dealer bring more inspections and contacts?
I don't think I'll do a lot of business being home-based but moving a few suppressors or SBRs a year would be likely. Is it like my FFL where they don't care as long as I'm crossing the 'T's and dotting the 'I's? Or do they want to see a more vigorous business?
Is there much profit to be had on suppressors or other NFA bits? I've found I can buy guns on Gunbroker for about the same as I can from distributors just because I can't buy in volume. Should I expect the same here?
If you're uncomfortable talking business in the open, feel free to send me a PM."A man who has nothing for which he is willing to fight, nothing which is more important than his own personal safety, is a miserable creature and has no chance of being free unless made and kept so by the exertions of better men than himself"
"He created the game, played the game, and lost the game.... All under his own terms, by his own doing." JW34
"Tolerance is the lube that helps slip the dildo of dysfunction into the ass of a civilized society." Plato
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