Is there an amount of time you have to wait between letting your C&R expire and applying again? That is to say, the BATF just renews your old license and you don't get to wash your books.
The analogy I'm thinking of is a wash sale in the stock market, where you sell a stock for a loss and buy it back in less than 31 days.
The analogy I'm thinking of is a wash sale in the stock market, where you sell a stock for a loss and buy it back in less than 31 days.
