Yeah for 650 ill grab and bring it back and make 100 and still save my buddy 50$ or more then around here
Yeah, cause there's nothing remotely illegal about that, now is there?
deliberately purchasing a rifle for someone else is a straw purchase.
buying guns intending to turn around and resell them for a profit is considered being in the business of selling firearms per ATF. doing so without an FFL is, to say the least, rather "frowned upon".
BTW, it's "do tell". Not "due". And "than", not "then".
I only speak appropriate to the level of the individual to whom I'm speaking...so if it seems as though I'm addressing an ignorant individual, it's because their post has provided reason to believe thusly.
I guess it depends on how long you own them. A beautiful unfired Colt M16A1 from early 1970's on GB right now. Owner appears to be cashing out and if he did buy new as stated has made quite a windfall. Perfectly legal.
http://www.gunbroker.com/Auction/ViewItem.aspx?Item=322708587
He probably didn't run around the internet posting about his intent to purchase guns for the sole purpose of reselling for profit.
Buying for your collection, then liquidating years down the line, is so far not even in the same area code as what Joseph is suggesting it's laughable.
deliberately purchasing a rifle for someone else that you know to be a prohibited person is a straw purchase.
Fixed.