EDIT: Thanks for the clear answer as well Circuits.


I feel pretty much that same as you. I think the only time I might consider selling a handgun (as a private sale) to someone under 21, would have to be someone in my family. There aren't anyone of age in my family and I don't have any guns I'm willing to let go of anyway so it probably won't be much of an issue.

So let me get this straight, if you are an FFL, all firearms obtained using your FFL must be logged into your bound book? Also, any firearm you obtain using your FFL, that are transferred to yourself as an individual, you can't sell for more than a year (giving it adequate time to become "used" and lessen any profit you'll make on the sale). That sounds totally reasonable and was something I didn't think of.

So, if you have the FFL in your name as an individual or individual + DBA, you can transfer the firearm directly to yourself without a background check. Alternately, if you set the FFL up as a corp, then even though you own the corp, you still have to go through the back ground check stuff? That also makes sense. When you say the regular private sale rules apply at the end of your second bullet there, are you saying that once you transfer a firearm from your corp, to yourself as an individual, you still have to wait one year to sell the firearm because you are connected to a currently registered FFL?

Great info.