10 Ebay/PayPal accounts sending to 1 PayPal account.

[business101]

Hey guys,

I have 10 ebay accounts and I sell $1000 a month on each
Keeping them under $20k for the year.

So my question
Can I send 10 PayPal funds to 1 PayPal. If so what’s best way
Not to send as a gift but to send invoice to each account?

Thanks

[Yasav]

Can you? Yes, you can.


Should you? No, you shouldn't.

[slokor]

That's a sure way to get all your account linked and limited.
Youre in Canada. Easy enough o get real US based bank accounts and do things properly.

[JamesNorth101]

Really bad idea doing it 1 to 1

10 to 1 is exponentially worse

Needless to say best to avoid that

[supdawg1985]

This post is somewhat similar to what I was wondering about.

I am actually looking to have 10 active Ebay/PayPal accounts but it seems it should be a permanent situation with each one.

What is the best way to have this setup legitimately and safely for the long-haul? Obviously it's imperative to disassociate each account, so should they all be accounts for separate businesses? That would be rather costly and less than ideal but not unfeasible.

Given Ebay's listing limits, holds on Paypal accounts, and other similar problems that slows things down, I am at an "enough is enough" stage and it's time to go balls to the wall.

[JamesNorth101]

1 bank account per PayPal is the best way to operate

You just withdraw from the PayPal to the bank account. Job done

[Yasav]

Originally Posted by JamesNorth101

1 bank account per PayPal is the best way to operate

You just withdraw from the PayPal to the bank account. Job done

Yes, but it doesn't come without its drawbacks. PP seems to request tax ID at around 170-180 items sold (if each item is 10-15 bucks) regardless of how fast you're selling. I burned several bank accounts because they became useless once the PP was gone.

To those who say you can sell under $1500/month and PP won't request SSN/EIN - those days are LONG gone. I can't even get to $750-800 in sales without a tax id request, since all my items are cheap and sell 15-20 times a day.

[slokor]

That's why you have 10 accounts - to spread your sales across them. And the limit is actually for $20k and less so for the number of items sold - at least from my experience. I myself operate far more than 10 accounts and each and every single one of them has its own bank account. Havnt had issues in over 6 years of doing things this way.
And 'Yasav' - when you say thing such as "To those who say you can sell under $1500/month and PP won't request SSN/EIN - those days are LONG gone" - better do some more and proper research cause I am one of those people and I can assure you - those days are still very much HERE.

[Yasav]

Originally Posted by slokor

That's why you have 10 accounts - to spread your sales across them. And the limit is actually for $20k and less so for the number of items sold - at least from my experience. I myself operate far more than 10 accounts and each and every single one of them has its own bank account. Havnt had issues in over 6 years of doing things this way.
And 'Yasav' - when you say thing such as "To those who say you can sell under $1500/month and PP won't request SSN/EIN - those days are LONG gone" - better do some more and proper research cause I am one of those people and I can assure you - those days are still very much HERE.

Then obviously you aren't selling 10-15 dollar items. I'd guess if one sells 80-100$ items then yeah, it could be possible.

And for what I know, it's not easy whatsoever to come up with such high ticket items. Take any area, like electronics - you have 15-20 sales per product DAILY from just ONE listing. You'd literally have to sit all day monitoring your sales and adjusting prices to manipulate the sell rate - that'd suck. And also, the sell history (i.e. if you have an established listing with 1000+ sold) means a lot in many categories.

[nerdydood]

You are living on the edge my friend...You live dangerously...Me Likey!

[business101]

thanks guy appreciate the feedback.