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How to Become a Gun Broker - GunLife.org Offers Valuable Tips
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Lon Greenwood
Buy and Sell your Guns Online 
By Lon Greenwood
Published on 3/09/10
 
f you're a true gun lover, chances are you've considered the idea of becoming a gun broker or gun dealer. Expert gun brokerage can be a fun, fulfilling and financially profitable business venture for the right person. But in many ways, the gun business is unlike any other business. The stakes are high and the simplest mistake could cost a gun broker or gun dealer his business and his livelihood.

How to Become a Gun Broker - GunLife.org Offers Valuable Tips
If you're a true gun lover, chances are you've considered the idea of becoming a gun broker or dealer varies greatly from state to state and many municipalities have their own unique ordinances regarding gun dealers. State laws surrounding gun ownership and sales and resale also vary from state to state. For instance, Florida law prohibits the sale or transfer of a gun to anyone "of unsound mind" - not always an easy thing to ascertain. To make sure your gun brokering and dealing business is compliant with all applicable laws, you'll need to research both local and state level rules and regulations. Begin your research on the local level. Call your city hall and ask for information on legally buying, selling and trading guns and ammunition within your city and county limits. Of course, you'll a local business license, and many municipalities require written permission from the Sheriff or Chief of Police to open a gun brokerage or gun dealership. Permission typically is granted so long as you are in compliance with state and federal laws governing selling guns, buying guns and trading guns, but denials do happen and can be contested in court. Next, contact your state's firearms bureau to find out how to obtain a gun broker's or gun dealer's license. Know that there most likely will be a non-refundable application fee of about $200 - even if your application is denied. It's a good idea to have an attorney or someone already experienced in the gun brokerage and gun dealing business to look over your application. The slightest error could cause your application to be denied. And unless you have a far8ily clean criminal record, find another line of business. Anyone in the business of selling guns, buying guns and trading guns also will need a Federal Firearms License (FFL). Contact the U.S. Bureau of Tobacco and Firearms for an application and all informational materials. Requirements for obtaining and maintaining your FFL include strict record keeping rules. For instance, you must notify the ATF of the sales of two or more handguns to the same buyer at one time or within any five consecutive business days. You must also keep for five years all records of transactions authorized by export, temporary import and temporary export. Certain records must be turned over to the ATF, U.S. Customs officers and other government personnel immediately upon request. Failure to correctly maintain all records could cost you much more than your FFL. To keep up to date on changes in laws concerning gun brokerage, gun sales, gun trades and gun ownership, visit www.GunLife.org, the world's largest online network of gun sellers and gun buyers.