Possibility

[yankee]

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

[GreenBean]

Originally Posted by yankee

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

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

[yankee]

Originally Posted by GreenBean

No, OP asked if banks reported withdrawals...

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

That is what I am missing.

[easymoney4u]

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

[Play]

Originally Posted by yankee

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

That is what I am missing.

Tax avoision basically.

[GreenBean]

Originally Posted by yankee

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

That is what I am missing.

Just unfamilar with this side of ecommerce is my thought.

[easymoney4u]

Better then most of the POS dodges out there 😂

[easymoney4u]

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.

[Play]

Originally Posted by easymoney4u

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.

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

[yankee]

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.

[easymoney4u]

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.

[astralman]

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.

[yankee]

Originally Posted by easymoney4u

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.

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.

[easymoney4u]

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

[easymoney4u]

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

[Play]

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.

[mizzle]

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...

[easymoney4u]

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

[JamesNorth101]

That sounds like you have a Static IP

Have a look at dongles and VPN

[Play]

Originally Posted by easymoney4u

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

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

[easymoney4u]

I'll try that

[rsot]

Cellphone tethering also works for dynamic IP