Question about PP limit

[wiseman11]

Hi guys! I hope you can help me to resolve this problem be cause I’m not sure what to do now.

Ok I was limited few days ago. Paypal is asking for invoices, supplier info, proof of shipping etc. I can provide this. But they’re also asking for my business license which I haven’t.

So first question: is it necessary for eBay seller to have a business license? I sell one type of product, total worth last month was about $6000.
I’m thinking about to write them that I don’t have one.

And there’s second question: if they’ll tell me that I will need to get it what’s the procedure of getting this license?

Any thoughts are welcomed.

[GofortheGold]

Chances are slim they're going to reinstate your account even after your supply all the information. You can try to ⊗⊗⊗⊗ the information but that is not suggestible. Your best bet is to wait 180 days to withdraw your money. Be more careful next time.

[Omgoozle]

The reason they're doing this is because you're are either (A) close to or (B) have already surpassed the $20,000/200 transaction limit for 2011 where they need to send you a 1099 in 2012.

PP will ask for SSN and supplier info when you're at (about) 15k in sales annually.

Make more accounts, spread out sales.