Gonna get spicy! 466 pages of this type of BS!
Similarly, there is no minimum number of transactions that determines whether a person is “engaged in the business” of dealing in firearms. Even a single firearm transaction, or offer to engage in a transaction, when combined with other evidence, may be sufficient to require a license. For example, even under the previous statutory definition, courts have upheld convictions for dealing without a license when few firearms, if any, were actually sold, when other factors were also present, such as the person representing to others a willingness and ability to repetitively purchase firearms for resale.
Presumptions that a person is engaged in the business as a dealer.
In civil and administrative proceedings, a person shall be presumed to be engaged in the business of dealing in firearms as defined in paragraph (a) of this section, absent reliable evidence to the contrary, when it is shown that the person—
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(3) Repetitively resells or offers for resale firearms
(i) Within 30 days after the person purchased the firearms; or
(ii) Within one year after the person purchased the firearms if they are
(A) New, or like new in their original packaging; or
(B) The same make and model, or variants thereof;
Doing a trade? Nope!
(g)Related definitions. For purposes of this definition—
(1)The term “purchase” (and derivative terms thereof) means the act of obtaining a firearm in an agreed exchange for something of value;
(2)The term “sale” (and derivative terms thereof) means the act of disposing of a firearm in an agreed exchange for something of value, and the term “resale” means selling a firearm, including a stolen firearm, after it was previously sold by the original manufacturer or any other person; and
(3)The term “something of value” includes money, credit, personal property (e.g., another firearm or ammunition), a service, a controlled substance, or any other medium of exchange or valuable consideration, legal or illegal.