Forum

''Your account has been limited until we hear from you'' hits 5 of my paypal
 

I have over 100 ebay accounts selling on ebay but when it comes to transfer money to bank account there are only 8 legit banking account can do the withdraw. How do you guys deal with withdrawing when you dont have enough working bank account for every paypal?

Think outside the box.

5 paypals got zapped and your question is what do we do?

Why did this happen?

What are the messages?

All paypals verified & confirmed?

Your existing plan needs tweaking although I am telling you something you are just finding out

:juggle:

All info from accounts need to be squeaky clean from each other. If one account has the same info as others, than it will be a huge mess, since they will all be interwoven with linked information of some sort.

Hahaha can I get a hint please :) I would love to know more.

Open a LLC and open bank accounts under the LLC company name.

then you file tax for LLC?

sory abit outside the o.p but do you operate all accounts from one computer?
cheers :typing:

Yes. There is paperwork for each LLC that must be filed every year. Which forms depend on the setup. You need a tax professional to determine what is needed.

Whether taxes will be due depends on the level of profits. Remember, you are only taxed on PROFITS, NOT ON GROSS SALES. So it is not as bad as it seems.

Jeff is right I have one account I have to deal with 250k in sales this year, however nowhere near the profit margin... It is a LLC... :focus:

You have to files taxes anyways, so its better to file it under a LLC or any other company type.

AND imperative to see a tax professional to make sure everything is correct rather than think forum posters are experts

/quote

Hahaha can I get a hint please I would love to know more.

Funny.