If I recall correctly, this is state-dependent. Some states just say you can't sell it, some require you to serialize anything you make even if you won't sell (the process of serialization isn't specified), and some ban self-made firearms completely. If you cross state lines with something you've made, you need to make sure you're following laws in both states just to be safe.

True, a terrible patchwork of different state laws makes it very easy to unknowingly violate a law.