I have been long wanting a couple of cans and will finally have the funds to get them pretty soon, but have run into a snag. Due to my wife's work, we're moving to a state that doesn't have suppressors as an option. I know about revocable living trusts being commonly used for acquiring and owning NFA items, particularly suppressors, as an established route. I have a side job with a multi state business and will likely be doing a fair bit of business within PA which is nearby and NFA friendly. I've been kicking around the idea of setting up an LLC as a structure for doing business there, having the cans as property of the LLC, having a bank safe deposit box to keep them in PA (which I gather is an accepted manner of storage when away from one's cans), and use them only when there. Anyone know much about this? I may pick up a partner among our PA relatives if they want to work with me so they'd be an in state resident if that's required.
I know, I shouldn't expect a 100% qualified legal opinion and I'm not, just looking for ballpark figures here.
I know, I shouldn't expect a 100% qualified legal opinion and I'm not, just looking for ballpark figures here.