I am trading a U.S. WWII rifle that is on my C&R books for a U.S. WWII rifle with a gentleman in another state for the purpose of enhancing my collection. This is permissable per C&R rules. Correct?

My understanding is that since the other gentleman is not a license holder I would need to log my rifle off my C&R books and ship it to a FFL holder in his state for transfer to him. Correct?

My understanding is the since I am a C&R licensee that the other gentleman could send his rifle directly to me and the upon receipt of his rifle I would then log it into my books. Correct?

Are these points correct? Am I missing anything?

TIA for any assistance!
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