Mr. Gould is wrong on that part. I'm an FFL holder too and the regulations do not state that. You cannot run a buisiness without an FFL. It is very legal for an individual to spot a bargin, buy it and then resell for a profit.The regulations due not state when you cross from hobby to buisiness that requires an FFL, and lots of folks get caught in that grey area. The safest thing to do is to go toe BATF web site and read the rules your self. Never call the BATF as they seem unable to read and understand there own rules. I consistantly find BATF agents giving out bad info regarding the rules and regs. At any rate, feel free to make a few pennies on your sales Pete.
Steve

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