Home Forums Hunting & Shooting Hunter's Campfire Opinions on Cash from selling guns??

Use the money as a down payment on a best quality double shotgun.

Ernie

That's not a bad idea

Are you fuggin kidding me? Some post on here never cease to amaze me . . . . . . . . . . . . hmmmm, how can I give some more of my money to the IRS?

This

Cash is king. It will usually get you a ten to twenty percent discount on any remodel/home repair or other small guy stuff.

Why would you even ask this question?

I like to consider myself to be more honest than most. But if I sell my guns the IRS is not a consideration. I have some guns that have not been used in twenty years and probably will never use them. Often have thought of selling, but dont need the money. They may not grow in value like some investments but I dont pay brokerage fees or taxes and the market never seems to plunge like the stock market does. They dont eat anything and are there to be used, if I want. I have instructed my wife on how to get rid of them if she needs to.

actually gunshows are a great place to sell quality guns. you could sell on gun broker but i think you will do just as well when the buyer can hold the gun in his hands at a show. you will get low balled by some,just hold out a while and keep your cool. some high end buyers like to wait until the last hour of the show to buy. in virginia you don't have to be a ffl dealer to rent a booth at the gunshows. if you have a lot of stuff to sell call the show promoter and rent a table or 2 for the weekend. the 10k was in your gunsafe to start with,i'd just put it right back in the safe at home,screw the IRS.

She has no interest, and yeah, it was a little tongue in cheek, but I would. She has a PhD in finance and teaches graduate courses to MBA's in portfolio management. I ain't the smartest guy in the world, but I'm smart enough to know my wife is a lot smarter than I am (which is smarter than a lot of guys I know.) She runs the investment game in this family (thank God.)