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Thread: making an llc

  1. #31
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    Quote Originally Posted by SAnd View Post
    The local field office doesn't have anything to do with NFA transfers. I would contact the ATF headquarters before I did a trust. That's if you would rather do it on a LLC or something else. It would be a radical change if they stopped. I'm sure the other NFA forums I frequent would be screaming about it if they have stopped taking LLC's.
    True. The ATF wouldn't stop accepting LLC's / Corps because that would put people like H&K, Bushmaster, Colt, etc out of business as they wouldn't be able to register any new MG's.

  2. #32
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    ive got mixed answers on the yearly fee thing. does the state warn you its about to expire or do you just have to be on the ball? do you just go online and pay? how much is it?

    i think ive got everything else figured out. they accepted my sbr paperwork (isnt it funny how they cash the check so early but still make you wait), and im in the process of using it for a suppressor. nice thing is you don;t have to do any taxes on it. so if i understand correctly, the only thing you have to do is stay in good active standing with colorado by paying yearly

  3. #33
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    Quote Originally Posted by tmckay2 View Post
    ive got mixed answers on the yearly fee thing. does the state warn you its about to expire or do you just have to be on the ball? do you just go online and pay? how much is it?

    i think ive got everything else figured out. they accepted my sbr paperwork (isnt it funny how they cash the check so early but still make you wait), and im in the process of using it for a suppressor. nice thing is you don;t have to do any taxes on it. so if i understand correctly, the only thing you have to do is stay in good active standing with colorado by paying yearly
    Correct. I get a notice from the state about 30 days out stating that I need to file my annual report. I head to the state websites, pay my $10 and file my report. All done, nice and easy

  4. #34
    Stamp Licker/Whore TriggerHappy's Avatar
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    Can you take people off your llc and add people as you see fit? (members allowed to handle NFA goodies) How does that work? Also can you write off ammunition and such?

  5. #35
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    Quote Originally Posted by TriggerHappy View Post
    Can you take people off your llc and add people as you see fit? (members allowed to handle NFA goodies) How does that work? Also can you write off ammunition and such?
    In talking with an ATF examiner, they said you can go one of two ways. Either type up on company letterhead who in the LLC is authorized to possess NFA items or amend your AOO with the state to list additional members.

  6. #36
    Grand Master Know It All DOC's Avatar
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    What's an AOO?
    Who are you to want to escape a thugs bullet? That is only a personal prejudice, ( Atlas Shrugged)
    "Those that don't watch the old media are uninformed, those that do watch the old media are misinformed." - Mark Twain

  7. #37
    Stamp Licker/Whore TriggerHappy's Avatar
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    "Articles of Organization" Correct me if I am wrong.

  8. #38
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    Quote Originally Posted by TriggerHappy View Post
    "Articles of Organization" Correct me if I am wrong.
    You got it

  9. #39
    Grand Master Know It All DOC's Avatar
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    Thank you.
    Who are you to want to escape a thugs bullet? That is only a personal prejudice, ( Atlas Shrugged)
    "Those that don't watch the old media are uninformed, those that do watch the old media are misinformed." - Mark Twain

  10. #40
    QUITTER Irving's Avatar
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    Is there anyone in this thread with a Trust or LLC that wishes that they had gone the other way? I always assumed that I would go with a trust, but now I'm very interested in going the route of an LLC.

    What all is involved in filing the annual "report?" Just updating what is owned by the LLC?
    "There are no finger prints under water."

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