Buying a used gun from a friend, what do i have to do?

[shelt]

So a buddy of mine wants to trade me his pistol in exchange for some computer work. (in Oregon)

Do we have to file any paperwork for transfer or do I have any way to check the gun's history and make sure it's free and clear?

Thanks for the info!

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[glockguy]

If you wanna be safe just make up a bill of sale...with the gun serial number on it and your information and his. In Oregon you aren't required to have a bill of sale.. he can just give you the gun and leave it at that... No FFL Transfer or Bill of sale.. unless you want to...

 

[Member 5605]

Depends how good of friends you are.

If you have been tight since birth. Do work, trade, end of story nothing else needed.

Though it may be a good idea for the both of you to have a bill of sale (or bill of work preformed) etc.

 

[shelt]

I will write up a bill of sale to be safe, I have only known the guy a couple years.

This basically just says I didn't come into contact with the firearm until X date?

 

[Member 5605]

<broken link removed>

if you want to get technical.

 

[DALE]

Be sure to report the value of the gun to the IRS as earned income.

 

[2gr8dgs]

..

 

[Stomper]

Be sure to report the value of the gun to the IRS as earned income.

... and of course set aside 40&#37; of the value for your new healthcare fees!!

 

[Intoodeep]

Call OSP do a quick check and you're all good.

 

[Member 5605]

... and of course set aside 40% of the value for your new healthcare fees!!

Then sell it so you can cover the tax you'll have from buying it.

 

[Redcap]

I would do absolutely nothing. Straight, face-to-face trade. I absolutely do not believe in paper trails.

 

[shelt]

I would do absolutely nothing. Straight, face-to-face trade. I absolutely do not believe in paper trails.

I am in the mood to lean toward this idea. I hate to contribute to the regulatory system by volunteering my information to yet another piece of paper.

I'm tired of the system, It obviously does not work judging by the sarcasm in this thread.

 

[longcolt]

If I am the original purchaser of record for the firearm I will always insist on a bill of sale if I sell or trade a gun. That gives me a measure of protection if that firearm is used in a crime and my name pops up during an investigation. You have no way of knowing what the buyer might do with the gun at some future time, friend or not.

If the buyer balks at filling out a simple Bill of Sale form, I will walk from the sale. Not worth the risk in this litigious society we live in.

 

[Stomper]

I agree with you, it's not really any different than selling a car the way I see it... you get a bill of sale for it, because if the subsequent owner commits a hit and run, the cops go looking for the last person listed on the title.

 

[deen_ad]

... and of course set aside 40% of the value for your new healthcare fees!!

you'll even be able to get insurance under the new "plan".
All they have to do is claim that owning a gun is a "health hazard" and then ban anyone that does things or owns a "healty hazard" from getting insurance or raising the rates so high no one can afford it.

 

[SICARIO]

Exercise your right to privacy. If it's legal to have no paper trail, then have no paper trail.

 

[zeezee]

I would do absolutely nothing. Straight, face-to-face trade. I absolutely do not believe in paper trails.

DING, DING, DING!!!! Correct answer!!! Buy that man a drink!

 

[pchewn]

If you are the SELLER and:
There is no paper trail of the gun to you, then sell without paperwork.
There is a paper trail to you, then sell with a Bill of Sale to protect yourself.

If you are the BUYER:
Buy without any paperwork.

 

[shelt]

If you are the SELLER and:
There is no paper trail of the gun to you, then sell without paperwork.
There is a paper trail to you, then sell with a Bill of Sale to protect yourself.

If you are the BUYER:
Buy without any paperwork.

I like it

 

[tionico]

I like it

actually, even a bill of sale is not necessarily needed for your protection IF you are the seller. All you need to do is make a record of the gun's serial number, make model and calibre, and the name of the guy who bought it with a statement that HE claims he is not a felon or otherwise debarred the use of arms. That way, if the man in the blue suit comes round knocking on your door, you can tell him to whom you sold it and when. IF you can find the piece of paper......

if buying, the smaller the paperwork load, the better. My favourite scenario is "here's the gun, here's the money", shake hands and both disappear into the sunset. Or, drop the cash on the table, pick up the gun and walk. He picks up the cash. NO legal requirement for anything further.....

As to "informing the IRS".... well, I suppose that might be a requirement.... but who's to say the true value of the work, other than yourself? Oh, futzed with the confuser for a while, maybe worth ten bucks...... besides, hey, you haven't really profitted until you've sold the pistol to someone else for cash. If I have one gun, you have another, and we swap, who profitted? Should HE report to the IRS the value of the repair work recieved? No, he lost a gun in the deal, how die HE profit? No, save the taxes for a REAL increase