- A factory fresh lower that has never been part of a firearm can be used to build a pistol or rifle. [Moot in your connecting a complete upper and lower to make a 'build', but worth mentioning.]
- If a lower is built into or bought as a pistol (i.e. no shoulder stock) first, it can be stripped down and converted into a rifle in the future.
- If a lower is built into a rifle (i.e. shoulder stock) first, it is supposed to remain a rifle and not ever be used to revert back into a pistol.
I'm sure I missed, forgot, unintentionally misrepresented, or poorly presented something, as it's very late and I'm tired from a long day, so I encourage others to correct, fix, or augment what's above, as I'm merely human.
The long and short of it is: be careful you don't inadvertently construct something that's NFA-regulated by just slapping together parts (such as a 10.5" barreled complete upper onto a complete lower that has a stock ... unless of course you've done the requisite paperwork, paid the requisite tax, AND received ATF approval to move forward). Bad things can happen if the wrong person or persons become(s) aware of it ... and ignorance is no excuse. Also, braces are a murky gray area right now because the ATF wants to make them into one, so know that's what you're getting into if you're dealing with a braced lower, and educate/prepare accordingly.