Thinking about getting my C&R License

[bullpup]

I have some questions reguarding a C & R license. I have already requested the forms, but before I get them, I would like to decide if I want to go through with it.
1. On keeping a bound book: I'm organized but is it difficult to obtain the information for the book? I have looked at a couple of different record books online and I think I understand most of it. Under "Description" I need manufacture or importer (would this be who made the rifle and the importer and do I need both)? Under "Receipt" do I just put the date that I received the rifle and the name of the company and address I received it from? Under "Disposition," is this just information that I would collect if I sold the rifle?

2. If, hypothetically, I purchased a firearm and wanted to give it as a gift to my father, would this be legal? Would I just fill out the Disposition part?

3. Is it worth it to get my C & R if I'm only going to buy three to four firearms over the course of the next three years. I'm really wanting a Mosin, an Enfield and a K31?

4. If after three years I decide not to renew my license do I have to go through a special process or do I just not put in a renewal request?

Any other information would be greatly appreciated. I would really like to start my own collection and getting my C & R would seem to be a good choice, but I really am concerned as far as the record keeping in case I ever was to be audited.
I know this is long, but thank you for reading and answering my questions.
BP

[SAnd]

These guys seem to have a lot of information and links.

http://www.cruffler.com/

If you feel like beating yor head against a wall the BATFE is here

http://www.atf.gov/

It can get frustrateing to find the answers there but you can download the regs and ruling letters and other info there,

HTH

[bimmer]

why do you need a C&L to buy the guns you listed?

[ray1970]

why do you need a C&L to buy the guns you listed?

Probably so he can save a few dollars by not having to pay the mark-up for the middle man (FFL dealer) and he can buy them direct from the distributor/importer and have the guns shipped straight to his house..... just a guess.

[bullpup]

Yes I would like to cut out the middle man in the process of obtaining these old rifles.
BP

[Zman]

Just got mine (finally) last month. It was in a "hold" basket because I put my old business name in the "business" box on the application, and after calling a second time, the app showed up for me to confirm I would NOT be doing any business. So after I clarified that little nugget, in the mail it was.

Sooooo.... after thought, don't put a business name on the application.

Otherwise, was simple to get on Midway's and Graf's dealer access.

Z

[relichunter]

Please correct me if I understood this wrong

1. having a C&R requires you to log in all of your CR firearms whether you bought them with the license or not

2. gives the BATF the right to enter your home and examine your collection at will.

Is this correct? If so buying 3 rifles a year may not be worth the extra liability.

[roman gnome]

2. gives the BATF the right to enter your home and examine your collection at will.

It was my understanding that if there was an issue they would contact you and set a meeting at their office. But it's been a long time.

To me it really does pay for itself. YMMV

[relichunter]

I found this info in another thread. It sounds like it answers the question about entering a home and about keeping a book: http://www.co-ar15.com/forums/showthread.php?t=19069

Quote from MuzzleFlash

If you have a C&R license (not a permit, there is no such thing) then you need to get in touch with ATF regs. You are required to maintain an A&D book. There are record retention requirements. Did you know that? Do you have a A&D book or suitable electronic record? If not, Brownells is a good place to buy one. You can be audited just like a commercial FFL but you have the option of telling the ATF that you want the audit to happen on their premises, not yours. You don't have a business premises like commercial FFLs so you can conduct transfers in places we can't. Your license won't show up in the ATF's FFL ezCheck. There's much more.

[CrufflerSteve]

Another good feature used to be that many suppliers like Brownell's, Midway and others would give dealer pricing to C&R FFL's. I don't know if that is still true but it does sort of make sense. If you deal with old guns you'll be reloading and getting parts and tools.

Steve