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AR15.COM
6/19/2015 10:23:26 PM EDT
ok lets say i have a can tied to the llc I'm in. i move to another state and set up a trust. do i form 4 it to the new out of state trust? or what? or does my dad keep my can?
6/19/2015 10:30:11 PM EDT
[#1]
Quoted:
ok lets say i have a can tied to the llc I'm in. i move to another state and set up a trust. do i form 4 it to the new out of state trust? or what? or does my dad keep my can?
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If it's already in an LLC, why create a Trust?

If you want to transfer it between entities, it will absolutely need to be on a F4, and if going between entities in different states, it will likely have to go through a C3 FFL. But it would be much simpler to just relocate the LLC - businesses move, it shouldn't be a big deal at all.

Unless you did something silly like have your NFA stuff in a LLC that's used for other, non-gun things, and isn't controlled entirely by yourself. (ETA - Added clarity.)
6/19/2015 10:31:13 PM EDT
[#2]
Why would you transfer it? Have you dissolved your llc?
6/19/2015 10:33:35 PM EDT
[#3]
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Quoted:
Why would you transfer it? Have you dissolved your llc?
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llc is me and pops for our biz, I'm moving on and he's keeping it running. so a llc relocate is out..
6/19/2015 10:38:15 PM EDT
[#4]
continue the LLC in an additional location?

otherwise, form 4 to new owner.
6/19/2015 10:39:37 PM EDT
[#5]
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Quoted:
continue the LLC in an additional location?

otherwise, form 4 to new owner.
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good idea..
6/19/2015 10:43:03 PM EDT
[#6]
Wouldn't you just need to inform ATF of the move?

or is that only for individuals?
6/19/2015 10:45:27 PM EDT
[#7]
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Quoted:
Wouldn't you just need to inform ATF of the move?

or is that only for individuals?
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any change they need to know..
6/19/2015 10:48:48 PM EDT
[#8]
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Quoted:


any change they need to know..
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Quoted:
Quoted:
Wouldn't you just need to inform ATF of the move?

or is that only for individuals?


any change they need to know..

Right, so let them know.

Why pay the tax twice?
6/19/2015 10:50:11 PM EDT
[#9]
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Quoted:

Right, so let them know.

Why pay the tax twice?
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Quoted:
Quoted:
Quoted:
Wouldn't you just need to inform ATF of the move?

or is that only for individuals?


any change they need to know..

Right, so let them know.

Why pay the tax twice?


because the llc is staying in Oregon. I might be going else where.. Eh i might just leave it here and build a new one..
6/19/2015 10:53:21 PM EDT
[#10]
Quoted:
ok lets say i have a can tied to the llc I'm in. i move to another state and set up a trust. do i form 4 it to the new out of state trust? or what? or does my dad keep my can?
View Quote

Yes.

You should check with your new state about requirements for registering as a foreign entity if you're conducting business, but otherwise you are ok if the can remains in the state of the llc.

You can f4 it if it's moving permanently.
6/19/2015 10:54:56 PM EDT
[#11]
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Quoted:

Yes.

You should check with your new state about requirements for registering as a foreign entity if you're conducting business, but otherwise you are ok if the can remains in the state of the llc.

You can f4 it if it's moving permanently.
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Quoted:
Quoted:
ok lets say i have a can tied to the llc I'm in. i move to another state and set up a trust. do i form 4 it to the new out of state trust? or what? or does my dad keep my can?

Yes.

You should check with your new state about requirements for registering as a foreign entity if you're conducting business, but otherwise you are ok if the can remains in the state of the llc.

You can f4 it if it's moving permanently.


that's what i thought..