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NFA – Closing-Out NFA On Hand and Transferring

posted on January 18, 2019

Q: We transferred our NFA items from the OOB FFL 07 to our old FFL 01. We will apply for a Form 3 transfer of all our unsold/open disposition NFA items from our old FFL 01 to our new FFL 01 once we have clarity on Q1 above. On the old FFL 01, this will leave only the NFA items that have been sold, have a Form 4 submitted and where the tax stamp is pending. Our plan is to move all of our open disposition non-NFA firearms from the FFL 08 and the open disposition NFA items from the old FFL 01 to the new FFL 01. Is this the best strategy or should we have non-NFA firearms on the new FFL 01 and have NFA items on the FFL 08?

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