Under 18 account? - eBay Suspended & PayPal Limited Forums
eBay Suspension & PayPal Limited Forums  
Join Today
Register Subscribe
     

Registration is fast, simple and absolutely free so please, join our community today!


Go Back   Home > Platform Discussions > eBay Discussion!

eBay Discussion! EBay Forum. News, Updates, or Anything eBay is Welcome. A kind of lounge if you will.

Reply
 
Thread Tools
  #1  
Old 09-05-2016
Senior Member
 
Join Date: Aug 2016
Posts: 225
Thanks: 21
Thanked 25 Times in 18 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Under 18 account?

Would opening an account for an underage kid be an issue? It's my kid, close enough to 18 yo. Kid consents (heh, gets a cut), has bank acct and debit card.

I guess the objective is to keep the account safe for a bit more than a year.

Any concerns over this approach?
Reply With Quote
The complete step-by-step guide to get back to selling today!

  #2  
Old 09-05-2016
JamesNorth101's Avatar
Super Moderator
 
Join Date: Apr 2013
Posts: 19,465
Thanks: 2,321
Thanked 5,034 Times in 3,861 Posts
Activity: 46%
Longevity: 60%
iTrader: (455)
Default Re: Under 18 account?

Sorry you mean you want to use your kids bank account for your stealth accounts?

Why not just use your own bank accounts?
Reply With Quote
  #3  
Old 09-05-2016
Senior Member
 
Join Date: Mar 2015
Posts: 195
Thanks: 30
Thanked 15 Times in 15 Posts
Activity: 0%
Longevity: 48%
iTrader: (0)
Default Re: Under 18 account?

I think he means make a ebay account in his kids name
Reply With Quote
  #4  
Old 09-05-2016
JamesNorth101's Avatar
Super Moderator
 
Join Date: Apr 2013
Posts: 19,465
Thanks: 2,321
Thanked 5,034 Times in 3,861 Posts
Activity: 46%
Longevity: 60%
iTrader: (455)
Default Re: Under 18 account?

You could well be right

Seems like a very bad idea to get your kids involves in stuff like that tbh
Reply With Quote
The Following User Says Thank You to JamesNorth101 For This Useful Post:
blobby (09-06-2016)
  #5  
Old 09-05-2016
rsot's Avatar
Executive [VIP]
 
Join Date: Dec 2009
Posts: 71,429
Thanks: 5,668
Thanked 8,495 Times in 7,797 Posts
Activity: 94%
Longevity: 81%
iTrader: (7)
Default Re: Under 18 account?

Quote:
Originally Posted by JamesNorth101 View Post

Why not just use your own bank accounts?
Second that question.
Reply With Quote
The Following User Says Thank You to rsot For This Useful Post:
blobby (09-06-2016)
  #6  
Old 09-05-2016
Senior Member
Threadstarter  
 
Join Date: Aug 2016
Posts: 225
Thanks: 21
Thanked 25 Times in 18 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: Under 18 account?

Yes, ebay account in kids name

Why exactly would it be a bad idea? Even the book mentions family members, etc. I understand there's a subtle different, but why would it be so substantively different?
Reply With Quote
  #7  
Old 09-05-2016
phaz0rz's Avatar
Executive [VIP]
 
Join Date: Nov 2015
Posts: 10,829
Thanks: 2,073
Thanked 4,016 Times in 3,007 Posts
Activity: 0%
Longevity: 44%
iTrader: (2)
Send a message via ICQ to phaz0rz Send a message via AIM to phaz0rz Send a message via Yahoo to phaz0rz
Default Re: Under 18 account?

Using friends/family members info was fine before the IRS implemented the law requiring Paypal to issue 1099's for any user who passes 200 transactions and $20,000 in sales. The problem now is since you're required to provide a tax ID when you approach those thresholds, you would potentially be creating tax liabilities for your under aged son. It would be much safer for you to just drop $50 on a premade account from here.

Just my $.02.
__________________
____________
_______
___
Reply With Quote
The Following User Says Thank You to phaz0rz For This Useful Post:
Othmane (09-05-2016)
  #8  
Old 09-05-2016
Senior Member
Threadstarter  
 
Join Date: Aug 2016
Posts: 225
Thanks: 21
Thanked 25 Times in 18 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by phaz0rz View Post
Using friends/family members info was fine before the IRS implemented the law requiring Paypal to issue 1099's for any user who passes 200 transactions and $20,000 in sales. The problem now is since you're required to provide a tax ID when you approach those thresholds, you would potentially be creating tax liabilities for your under aged son. It would be much safer for you to just drop $50 on a premade account from here.

Just my $.02.
It's that once the account is seasoned, I can have no concerns long term about viability.

In addition, I've schooled my kid well on multi-streams of income. He can take the account over at some point had have a solid selling history to move forward with, and an in-depth understanding of how to do it.

Until the age line is crossed I wouldn't do more than 10k anually with the account anyway.
Reply With Quote
  #9  
Old 09-05-2016
unkown5454's Avatar
Executive [VIP]
 
Join Date: Mar 2011
Posts: 4,291
Thanks: 2,196
Thanked 1,339 Times in 958 Posts
Activity: 5%
Longevity: 74%
iTrader: (0)
Default Re: Under 18 account?

riding a fine line messing with your kid for your own personal gain

sounds more like you are too lazy to learn stea/lth
Reply With Quote
The Following User Says Thank You to unkown5454 For This Useful Post:
blobby (09-06-2016)
  #10  
Old 09-05-2016
slokor's Avatar
Executive [VIP]
 
Join Date: Aug 2008
Posts: 9,931
Thanks: 380
Thanked 2,656 Times in 1,965 Posts
Activity: 26%
Longevity: 90%
iTrader: (90)
Default Re: Under 18 account?

I would NEVER involve my kids in my business. Nothing good can come out of it - especially when it is just as easy to just do things stealth.
Should anything happen to that account youre pretty much making sure your kid can never use his real info with ebay/paypal. Dont be surprised if that happens and your kid ends up resenting you.
NOT worth it.
__________________
AGED SUPER HIGH LIMIT ACCOUNTS: 10,000/$1,000,000 and 25,000/$500,000
NEW LOWER PRICING!
ENTER MY STORE OR CONTACT ME
Reply With Quote
The Following 2 Users Say Thank You to slokor For This Useful Post:
blobby (09-06-2016), unkown5454 (09-06-2016)
  #11  
Old 09-05-2016
Senior Member
Threadstarter  
 
Join Date: Aug 2016
Posts: 225
Thanks: 21
Thanked 25 Times in 18 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: Under 18 account?

From a stealth perspective, the original question was if underage would be viable.

We've delved into ethical and moral implications, though your views are acknowledged, it wasn't the original question. I think moralizing on this topic, considering the purpose of the forum and some of the 'get creative' suggestions I've read here, is marginal at best. In the face of this ugly nemesis, you do what you need to do.

The fundamental gain, which is stated in the book, is a person you know is always best. In that line of thinking, I was inquiring about the potential implications that come with using this approach. If nobody wants to discuss it, we can kill the topic.
Reply With Quote
The Following User Says Thank You to idds For This Useful Post:
aspkin (09-06-2016)
  #12  
Old 09-05-2016
Senior Member
 
Join Date: Mar 2015
Posts: 195
Thanks: 30
Thanked 15 Times in 15 Posts
Activity: 0%
Longevity: 48%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by idds View Post
From a stealth perspective, the original question was if underage would be viable.

We've delved into ethical and moral implications, though your views are acknowledged, it wasn't the original question. I think moralizing on this topic, considering the purpose of the forum and some of the 'get creative' suggestions I've read here, is marginal at best. In the face of this ugly nemesis, you do what you need to do.

The fundamental gain, which is stated in the book, is a person you know is always best. In that line of thinking, I was inquiring about the potential implications that come with using this approach. If nobody wants to discuss it, we can kill the topic.
Well said
Reply With Quote
The Following User Says Thank You to bonedaddy101 For This Useful Post:
aspkin (09-06-2016)
  #13  
Old 09-05-2016
Junior Member
 
Join Date: Apr 2015
Posts: 11
Thanks: 1
Thanked 2 Times in 2 Posts
Activity: 0%
Longevity: 48%
iTrader: (0)
Default Re: Under 18 account?

I wouldn't do it until he his 18.Id rather just create a corporation and use multiple DBA for each stealth.
Reply With Quote
  #14  
Old 09-06-2016
unkown5454's Avatar
Executive [VIP]
 
Join Date: Mar 2011
Posts: 4,291
Thanks: 2,196
Thanked 1,339 Times in 958 Posts
Activity: 5%
Longevity: 74%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by idds View Post
From a stealth perspective, the original question was if underage would be viable.

We've delved into ethical and moral implications, though your views are acknowledged, it wasn't the original question. I think moralizing on this topic, considering the purpose of the forum and some of the 'get creative' suggestions I've read here, is marginal at best. In the face of this ugly nemesis, you do what you need to do.

The fundamental gain, which is stated in the book, is a person you know is always best. In that line of thinking, I was inquiring about the potential implications that come with using this approach. If nobody wants to discuss it, we can kill the topic.

As most n00bs do, sounds like you made your decision a long time ago and just made this post for your own comfort, hoping for a round of high-fives for being so "creative".

I feel sorry for your kid. I have no doubt you were real sly with your coaxing.
Reply With Quote
The Following 2 Users Say Thank You to unkown5454 For This Useful Post:
blobby (09-06-2016), james13v (09-06-2016)
  #15  
Old 09-06-2016
ShawshankRedemption's Avatar
Junior Member
 
Join Date: Jul 2016
Posts: 9
Thanks: 0
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 40%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by phaz0rz View Post
Using friends/family members info was fine before the IRS implemented the law requiring Paypal to issue 1099's for any user who passes 200 transactions and $20,000 in sales. The problem now is since you're required to provide a tax ID when you approach those thresholds, you would potentially be creating tax liabilities for your under aged son. It would be much safer for you to just drop $50 on a premade account from here.

Just my $.02.

So when I reach 200 transactions how do I give them a Tax ID when the account is in a stealth name and address? I have an old account with over 200 transactions in a year and with my real info, PP has never said anything. Or does the account have to go over 20K in a year too?

Tax ID is the same as an EIN right? I read you should get a Partnership EIN instead of an individual EIN because PayPal sees the name on the Individual EIN but not on a Partnership EIN? Am I correct?

Last edited by ShawshankRedemption; 09-06-2016 at 02:32 AM.
Reply With Quote
  #16  
Old 09-06-2016
Senior Member
Threadstarter  
 
Join Date: Aug 2016
Posts: 225
Thanks: 21
Thanked 25 Times in 18 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by unkown5454 View Post
As most n00bs do, sounds like you made your decision a long time ago and just made this post for your own comfort, hoping for a round of high-fives for being so "creative".

I feel sorry for your kid. I have no doubt you were real sly with your coaxing.
As a forum veteran, spending your social capital on impossible to prove assumptions is futile. I count 6 variables, so I question your understanding of probability/statistics.

I have not done anything yet. Just an exploration at this point.
Reply With Quote
  #17  
Old 09-06-2016
james13v's Avatar
Senior Member
 
Join Date: Sep 2010
Posts: 2,341
Thanks: 659
Thanked 444 Times in 346 Posts
Activity: 19%
Longevity: 77%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by ShawshankRedemption View Post
So when I reach 200 transactions how do I give them a Tax ID when the account is in a stealth name and address? I have an old account with over 200 transactions in a year and with my real info, PP has never said anything. Or does the account have to go over 20K in a year too?

Tax ID is the same as an EIN right? I read you should get a Partnership EIN instead of an individual EIN because PayPal sees the name on the Individual EIN but not on a Partnership EIN? Am I correct?
Is has to do both. 200 and $20k
Reply With Quote
  #18  
Old 09-06-2016
Hercules's Avatar
Executive [VIP]
 
Join Date: Nov 2008
Posts: 1,514
Thanks: 179
Thanked 170 Times in 130 Posts
Activity: 0%
Longevity: 88%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by idds View Post
As a forum veteran, spending your social capital on impossible to prove assumptions is futile. I count 6 variables, so I question your understanding of probability/statistics.

I have not done anything yet. Just an exploration at this point.
So you want to use your child's info for an account that might get suspended in the future for any number of reasons?

You talk big with a suspected small simple mind.

Okay, my answer is: it would possibly screw your kid's Ebay future.
Reply With Quote
The Following 2 Users Say Thank You to Hercules For This Useful Post:
blobby (09-06-2016), unkown5454 (09-07-2016)
  #19  
Old 09-06-2016
Senior Member
Threadstarter  
 
Join Date: Aug 2016
Posts: 225
Thanks: 21
Thanked 25 Times in 18 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by Hercules View Post
So you want to use your child's info for an account that might get suspended in the future for any number of reasons?

You talk big with a suspected small simple mind.

Okay, my answer is: it would possibly screw your kid's Ebay future.
That hypothetical account may be suspended at any point in the future without any input from me for any number of reasons. Suspension is a known variable for any individual that opens an account, therefore moot.

As it pertains to the original query, the question is if opening an account before age 18 poses any substantive risk if managed as prescribed here. All these tangents are irrelevant.
Reply With Quote
  #20  
Old 09-06-2016
Junior Member
 
Join Date: Sep 2016
Posts: 63
Thanks: 20
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: Under 18 account?

Quote:
Originally Posted by unkown5454 View Post
As most n00bs do, sounds like you made your decision a long time ago and just made this post for your own comfort, hoping for a round of high-fives for being so "creative".



I feel sorry for your kid. I have no doubt you were real sly with your coaxing.


... I feel most posters feel sly sharing scammer/illegal ways around the 'problems' faced doing dodgey things all Stealth like too.
Reply With Quote
  #21  
Old 09-06-2016
Junior Member
 
Join Date: Sep 2016
Posts: 63
Thanks: 20
Thanked 3 Times in 3 Posts
Activity: 0%
Longevity: 39%
iTrader: (0)
Default Re: Under 18 account?

On the SURFACE WEB of all places. Tsk.
Reply With Quote
  #22  
Old 09-06-2016
aspkin's Avatar
Administrator
 
Join Date: Jan 2007
Posts: 11,376
Thanks: 3,071
Thanked 4,191 Times in 1,780 Posts
Activity: 19%
Longevity: 100%
iTrader: (24)
Default Re: Under 18 account?

After a quick review of the thread again.. underage is no good.

If the person is 18+ and gives you permission, it's fine. Sure there are hurdles involved but it's technically possible. There are pros and cons to this method for sure; same as there are for pure stealth accounts.

OP, underage is not kosher. I would suggest another route.
__________________
Reply With Quote
The Following 2 Users Say Thank You to aspkin For This Useful Post:
JamesNorth101 (09-07-2016), unkown5454 (09-07-2016)
Reply



Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



Aspkin Group

All times are GMT -5. The time now is 10:00 PM.


Stop the guessing games and learn how you can quickly and easily get back on eBay today!
Read the best selling step-by-step eBay Suspension guide eBay Stealth!
Amazon Suspension? Read Amazon Ghost to get back on Amazon!
vBulletin® Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Ad Management by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58