One Last Question

[Kajunrook]

I have two high limit ebays that the paypal got limited. So everyone has told me they are toast and I cannot add another paypal. 99.9% positive and brought in $4K profit each per month. So what are my options. Do I sit on this account until the new ebay pay system is implemented and then use that? I hate to just toast a 1000/25,000 and 5000.50,000 a month account. I do have one small stealth still active but just now getting profit up to $300 for a month. It is a 1000/25000k and I guess I will have to get an EIN when it starts generating money. I have burned my wife and my SSN on these accounts.

ANY HELP appreciated.

[SaiJin]

aside from a merchant account , your account is practically flagged.

Long term it's best to create another account or go to the marketplace in here and buy an account with a similar limit. You can also click on one of my links below.

[phaz0rz]

Getting an EIN and forming an LLC isn't as hard as it sounds. You could complete the whole process yourself in 30 minutes.

Only option for the two eBays with dead PP's is to add another way to receive payments, which would mean adding a merchant account, which can't be done without having a business registered somewhere.

I hope you're old and aren't drawing SS for no reason with good income.

[havenlg]

i was in same boat

[Kajunrook]

LOL I am OLD but drew SS and used proceeds to pay off my new house in 4 years instead of 30.

[phaz0rz]

Originally Posted by Kajunrook

LOL I am OLD but drew SS and used proceeds to pay off my new house in 4 years instead of 30.

More power to you then I guess.

If someone draws because they're old and they've paid in their whole life that's fair. Might as well take advantage of the system before it implodes. I have a problem with people who draw SS in their 30's because of some BS made up disability then hustle stuff online and work under the table and do whatever else they can do to make unreported income. SS abuse is a big problem in the Southeast.