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-   -   Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not.. (https://www.aspkin.com/forums/paypal-limited/100534-adding-real-bank-account-stealth-paypals-smart-idea-not.html)

hbbjack 10-24-2016 02:13 PM

Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
Hey guys,

I see a lot of people here that have mentioned numerous that it's okay to link my Real bank account to a stealth Paypal account, however won't that create a LINK if I already have my original Paypal setup with the very same Bank account?

And also, when tax season comes, wont it look suspicious if the deposits in my bank account have came from a stealth account that's name is different then mine ?

If anyone could shed some light I would highly appreciate it. :mod:

JamesNorth101 10-24-2016 05:42 PM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
You can add your own bank account to the PayPal

You cannot reuse a bank account though. It needs to be a new bank account

hbbjack 10-24-2016 08:08 PM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
So I have to open up to new bank accounts here in Canada ?

What happens when you do your taxes... won't it be an issue when it appears that you have received your money to multiple different banks, and will it indicate that they come from a different PayPal owner's name ?

Also thanks James, for the quick reply !

rsot 10-24-2016 10:17 PM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
Welcome to the forums. It won't look suspicious if you pay your taxes and are not doing any illegal fraud sales or so. Best of luck learning stealth.

JamesNorth101 10-25-2016 06:19 AM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
You just pay taxes on the money you earn just like normal. No need to tell them its from 5 different bank accounts.

spindoctor 10-25-2016 06:43 AM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
You don't need to tell the tax man anything, as long as your paying them correctly, they won't bother you.

hbbjack 10-25-2016 06:13 PM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
Hey thanks for quick reply boys. I'm startin' to like this forum already :thumb:

Any good guides on how to setup and maintain stealth accounts ?

And also are there any other ways to "cash-out" from stealth accounts instead of wiring the money to the bank ? (For example: I heard someone talk about paying their self back using Freelancer.com or Upwork.com ..)

sarathf 10-26-2016 01:40 AM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
Interesting topic

hbbjack 10-26-2016 12:10 PM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
Interesting indeed. It seems as though everyone talks about how awesome stealth accounts are... but not many people that actually teach how to withdraw the earnings in a safe and consistent way...
Quote:

Originally Posted by sarathf (Post 808379)
Interesting topic


JamesNorth101 10-26-2016 12:20 PM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
There are other ways to get money out but none are a safe and easy as a bank account

The other methods don't tend to get talked about as much though because when lots of people start doing it they get shut down pretty fast.

hbbjack 10-26-2016 10:25 PM

Re: Adding Real Bank account to Stealth Paypals - It this a SMART idea ? or not..
 
All right i see. Thanks James !
Quote:

Originally Posted by JamesNorth101 (Post 808464)
There are other ways to get money out but none are a safe and easy as a bank account

The other methods don't tend to get talked about as much though because when lots of people start doing it they get shut down pretty fast.



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