Need Advice on Keeping Stealth Accounts or Make New Ones
Hello everyone! I am hoping to get input from some users on here that have more experience with stealth accounts for ebay/paypal than I do. Backstory:
I currently have 3 stealth accounts, all in good standing, they are all around 1.5 - 2 years old. Bank accounts added for withdrawal, PO Boxes, all personal (not business) paypal accounts, different IPs, etc. I plan to start selling alot more products than last time I sold stuff. I know now that Paypal asks for EIN/SSN when you hit or will approach 200 transactions and $20,000 gross. I feel that I might be hitting that limit for each account. My question is, should I make an EIN for each account if I get the email from them requesting one? Or as I start selling, start to slowly build up 2-3 more stealth accounts, and if I get an email, move on to the others? I would prefer to keep my 3 and have EINs, as I do not think that would pose an issue. Do you file that as Sole Proprietor? LLC? For business name, use your Paypal name or ebay username?
If anyone could help me or advise on what I should do, I would greatly appreciate it! So far everything has been great in stealth but this is something I have not dealt with before and would want to do it the right way. Thanks!
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