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-   eBay Managed Payments (https://www.aspkin.com/forums/ebay-managed-payments/)
-   -   Single member LLC being changed to multi member (https://www.aspkin.com/forums/ebay-managed-payments/149642-single-member-llc-being-changed-multi-member.html)

Bassy 02-01-2023 09:42 PM

Single member LLC being changed to multi member
 
I had initially had an eBay account with my friends ssn and information but then converted it into a business account with a single member llc . Under the single member llc the stakeholders were just my friend . The actual business is under my name . After consulting a cpa he advised I switch the llc to a multi member one where I own 99% of the company and my friend 1 . This way he is not liable for taxes but I am . Do you think this will work ? Will eBay realize this , what do you guys think

SaiJin 02-01-2023 10:00 PM

Re: Single member LLC being changed to multi member
 
That's a good advice... I like it...

rsot 02-02-2023 07:19 AM

Re: Single member LLC being changed to multi member
 
CPA should know what needs to be done...so seems right on

agent006140 02-03-2023 07:20 PM

Re: Single member LLC being changed to multi member
 
Does Ebay ask for SSN?


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