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-   -   Limited when upgrade personal to business pp (https://www.aspkin.com/forums/paypal-limited/112651-limited-when-upgrade-personal-business-pp.html)

Jingling2017 12-01-2017 07:53 AM

Limited when upgrade personal to business pp
 
So I have a stealth account with $6K in sales for the year.

I received a message today for me to add ss or upgrade to business, so the account is not limited yet.

I can get a new LLC tax ID and put in the 4 digits so that isn't the problem.


this is the problem:

EVERY time I upgrade from personal to business it is limited immediately and they want documents.

1) is this normal?
2) How many days do I have before I am limited for not sending them my EIN info and updating to businesss?
3) Will this reset in 2018 since I don't plan on going past 10K let alone 20K for the year on this account.
4) can I still withdraw to the linked bank account?

Naturally, everything I move to my accounts I am declaring taxable income.


Thanks in advance!
Eric

SaiJin 12-01-2017 10:16 AM

Re: Limited when upgrade personal to business pp
 
Hmm... this has never happened to me actually, but that's because I start with business accounts from the start. And I give them everything needed to make those accounts.

Have you ever tried doing it this way?

HuNows 12-01-2017 10:58 AM

Re: Limited when upgrade personal to business pp
 
Create a stealth acc on Your own name, your own ID/Passport. so you can supply them with the documents they are requiring, on the other hand - always create business paypal and Ebay at the start so you can look not so suspicious.

Jingling2017 12-01-2017 03:18 PM

Re: Limited when upgrade personal to business pp
 
Guys thanks for the advice!

Do you know how long before I won't be able to transfer money and forced to add an EIN or SS?


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