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  #1  
Old 08-28-2014
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Default Help at last!

I am new to the eBay Stealth but I do have an Amazon Ghost acct and yes, I have been suspended from ebay a few years ago. I am lucky that a friend just offered to give me her ebay acct. It is well established with high selling limits and a powerseller acct.

I cant open a paypal acct because of my suspension. I want to keep her name on the ebay acct but the problem is with paypal. she doesnt want me to continue using her paypal. I would need a new one.

Question: I would like to open a Merchant Plus acct to replace Paypal. When I am asked to fax in my Merchant Plus account statement will they not see the name is different than the Ebay account?

I so am thankful for this forum!
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  #2  
Old 08-28-2014
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Default Re: Help at last!

I wouldn't use her account at all. I would go totally stealth. There are simply too many things that can go wrong when doing business on eBay. It could end up costing you a friendship.

Maybe if she will allow you to list items for a short time AND use her PayPal just until you can get a couple of stealths going?

You have to remember that eBay and PayPal are the SAME company. Also, eBay does NOT allow the transfer of accounts without their permission. Yes, I know that eBay and PayPal CLAIM to be separate companies, but that is only when it suits them.
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Old 08-28-2014
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Default Re: Help at last!

Thanks for your reply.

I have a retail store with lots of items to list. I do have a small stealth account. Still limited to 10 items per month that I am trying to be patient with.

Even with that account I would like to use the Merchant Plus and eventually my own online store.

Can ebay link the merchant account in my name/personal info with the name on her ebay acct. She is retiring. (70 yrs old) doesnt want to mess with ebay anymore.
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Old 08-28-2014
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Default Re: Help at last!

Quote:
Originally Posted by bullmt64 View Post
I am new to the eBay Stealth but I do have an Amazon Ghost acct and yes, I have been suspended from ebay a few years ago. I am lucky that a friend just offered to give me her ebay acct. It is well established with high selling limits and a powerseller acct.
Can't say I agree with using someone else's account. What are you going to do if it goes down?

Quote:
I cant open a paypal acct because of my suspension.
Yes you can.....it's called Stealth.

Quote:
I want to keep her name on the ebay acct but the problem is with paypal. she doesnt want me to continue using her paypal. I would need a new one.
If you start making new Paypal your just going to make things worse.
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  #5  
Old 08-28-2014
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Default Re: Help at last!

Would she be OK with you converting her PayPal account to a business account and attaching your own business EIN? That way YOU are responsible for the taxes and she has nothing to do with the income as far as the IRS is concerned. It also avoids any linking issues.

Last edited by jeffweico; 08-28-2014 at 05:58 PM.
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Old 08-28-2014
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Default Re: Help at last!

Great Advice Jeff... this is what I had in mind as well... do you have this type of account Jeff?
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  #7  
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Default Re: Help at last!

The IRS and income is the problem. Would I file for a DBA/and get EIN # in my name? Will Paypal match EIN and my SS together or is the account past that step already? she has had it since 2004.
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Default Re: Help at last!

From my understanding, Paypal can only see EIN and DBA and not the person behind this EIN...
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Old 08-28-2014
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Default Re: Help at last!

and as far as IRS all they care about is their share...You have to pay file taxes on EIN.
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  #10  
Old 08-28-2014
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Default Re: Help at last!

Quote:
Originally Posted by bullmt64 View Post
The IRS and income is the problem. Would I file for a DBA/and get EIN # in my name? Will Paypal match EIN and my SS together or is the account past that step already? she has had it since 2004.
When are you going to start listening to the help you got?

Do not use this account.

Make your own and be responsible for your own taxes.

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  #11  
Old 08-28-2014
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Default Re: Help at last!

Quote:
Originally Posted by bullmt64 View Post
The IRS and income is the problem. Would I file for a DBA/and get EIN # in my name? Will Paypal match EIN and my SS together or is the account past that step already? she has had it since 2004.
If you do this, you would need to obtain an EIN for a corporation or an LLC. LLC's are usually easier. That way, the IRS would match the BUSINESS NAME with the EIN. If you go the DBA route, they would match YOUR NAME with the EIN.
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  #12  
Old 08-29-2014
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Default Re: Help at last!

Welcome to the forums OP - best of luck with your learning
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  #13  
Old 09-01-2014
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Default Re: Help at last!

As always, this is the "I'm gonna do this my way no matter what advice I'm given"
Quote:
Originally Posted by GreenBean View Post
When are you going to start listening to the help you got?

Do not use this account.

Make your own and be responsible for your own taxes.

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  #14  
Old 09-02-2014
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Default Re: Help at last!

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Old 09-04-2014
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Default Re: Help at last!

Quote:
Originally Posted by rsot View Post
Is this music from your era
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  #16  
Old 09-05-2014
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Default Re: Help at last!

Quote:
Originally Posted by Bunneh View Post
Is this music from your era
...classic but not my time
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