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Re: Possibility
 

What are they reporting you for? I am missing something.

Re: Possibility
 

No, OP asked if banks reported withdrawals on post 12. Then later gave a weekly amount.

:spy:

Re: Possibility
 

Got that, but what is OP planning on doing to be worried about this?

That is what I am missing.

Re: Possibility
 

I just wanted to know because I have an account just for PayPal but also have personal accounts like savings, etc.

Re: Possibility
 

Tax avoision basically.

Re: Possibility
 

Just unfamilar with this side of ecommerce is my thought.

:ranger:

Re: Possibility
 

Better then most of the POS dodges out there 😂

Re: Possibility
 

I don't mind paying the taxes on the money, but with it being a stealth account I doubt putting my ssn on it while allow it to last.

Re: Possibility
 

US guys will be able to advise you best on this matter. But dont evade it.

Re: Possibility
 

In the USA, all bank accounts require an SS.

Have you read the guide and understand how all this works?


As for the vehicle itself, with today's interest rates of 0%-1.9%, it may make more sense to finance the vehicle and make enough money to cover the payments. Maybe in the long run it could turn into a full time business.

Re: Possibility
 

For the most part yes but I'm concerned about the tax implications scout putting the money in my account but using a PayPal with a completely different name.

Re: Possibility
 

Finding wholesalers there are, but you will have to be spread over multiple ebay accounts. Ebay wants new sellers to sell slowly and live off a minimum wage and when like 8 months when your dead you can sell big time, lol, seriously that's how it is. Spread over multiple ebay accounts and goodluck man. Anything is possible. I suggest you get ebay money and then do something else in real life that's not so headache given.

Re: Possibility
 

The be rest assured, names of paypal accounts make zero difference to the IRS or state you reside in(By-the-way, a lot more to be feared than the IRS if you live in a income taxed state)

They are just deposits into your bank account. Pick a small bank or credit union or a good large bank and you will have no bank issues if conducting fair business.

I would consider a business account. In general, business accounts are a lot better for stealth.

Re: Possibility
 

I think I figured it out. If I file it under misc income I should be okay

Re: Possibility
 

One more question. What do y'all use to change ip's? I don't mind spending money for something that works

Re: Possibility
 

You dont need money to do it. Usually something as simple as switching your modem/router on/off often does the trick. But search the forums as the possibilities are endless.

Re: Possibility
 

In my opinion your going to have a lot more to worry about going stealth and then going to buy a 60k truck off the lot without solid proof of income. Take the EIN advice and manage your book keeping...

Re: Possibility
 

I turned off my modem and my IP address was the same

Re: Possibility
 

That sounds like you have a static IP

Have a look at dongles and VPN

Re: Possibility
 

Sometimes you have to leave it turned off for about 60 seconds.

Re: Possibility
 

I'll try that

Re: Possibility
 

Cellphone tethering also works for dynamic IP