I don’t have any guns, won’t ever buy any guns, and sure as pooh would not admit to having any guns in my home. Those 4473 forms with my name and social on them all refer to guns that have been sold. I don’t have any guns in my home now, but if I *DID* I would only buy face to face from individuals. In my state, you can transfer a long gun without any papers at all, and a handgun can be transferred with a concealed carry permit. You might suspect I have handguns b/c of the permit, but you don’t know what I might have. I like it that way.
One other thing. You can buy a parts kit for an AK with NO PAPER AT ALL. You can then buy a flat piece with holes pre-drilled to bend your own receiver. You then have an AK 47 (or 74 if you prefer 5 mm) that NO ONE KNOWS you have. It is perfectly legal. ATF regs simply state you may never sell or transfer the weapon and it has to have a serial number on it. Engrave it, and you are legal.
By the way, if anyone shows up at my door wanting to “talk about” this issue, you can get a warrant.
'fraid not, you must file an ATF Form 1 and pay an excise tax before you undertake the "manufacture" of a firearm. If you attempt the assembly without a completed and approved Form 1 with an attached tax stamp you are courting serious fines and major jail time. Remember also that a felony conviction will cost you your right to posses any firearms you might currently own.
The Form 1 is very similar to the ATF Form 4 which is required for the transfer of NFA Class III items like machine guns, short barreled shotguns and rifles, silencers, and "dangerous devices". The vetting process for either one can be anything from six weeks to nine months, depending on the ATF work backlog.
Thought you should know.
Regards,
GtG
PS Your right about the "serial number" though, it must appear on the Form 1 when it is submitted for approval.