Buying/Selling Legality

[Chevelle SS]

I go to a lot of garage sales, farm auctions, estate sales ect. and I sometimes see guns for low prices. I have bought several to keep, but I have also bought a few(5-6 in the past couple years) that I resold relatively quickly because I bought them under market value and I didn't need them. My question is: At what point does selling firearms become a business?

Also if flipping a couple of guns a year is not "legal", is a "kitchen table" FFL feasible today? I can buy more than couple a year if that is the case.

Thanks

 

[BK]

http://www.law.cornell.edu/uscode/text/18/921

(21) The term “engaged in the business” means—
-
(C) as applied to a dealer in firearms, as defined in section 921 (a)(11)(A), a person who devotes time, attention, and labor to dealing in firearms as a regular course of trade or business with the principal objective of livelihood and profit through the repetitive purchase and resale of firearms, but such term shall not include a person who makes occasional sales, exchanges, or purchases of firearms for the enhancement of a personal collection or for a hobby, or who sells all or part of his personal collection of firearms;

 

[smalls]

The ATF has not drawn a line on this, so there is no specific number.

 

[Frank Ettin]

Discussed at length here.