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Old 04-13-2019
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Default Many accounts or a few business accounts?

So now my question is,do you just run multiple accounts or eventually make them business accounts? I'm asking because I upgraded one of my tax limited accounts and paypal wants all kinda documents. I wanna know if i make an existing account a business account ,are they gonna want i.d documents for that as well? And if I do make em business accounts ..will they be asking for i.d when i get near the 200 item threshold? Eventhough it's a business account with a valid LLC and EIN?
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Default Re: Many accounts or a few business accounts?

who knows with pay pal. they are liars
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Default Re: Many accounts or a few business accounts?

They can ask for docs at any time, even long-time established accounts. Nobody knows the full reasons why and triggers.
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Default Re: Many accounts or a few business accounts?

i am not experienced as other guys here but according to my real experience once you upgrade to business account they will send you message let you know that you have 3 months (( they will mention the date exact )) to provide documents about your business . me to avoid that i downgrade it to personal one before the date they mentioned .
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Default Re: Many accounts or a few business accounts?

Well wouldn't that put ya back at 200 items and 20k limit? As far as providing documents about biz, I'm pretty sure most get creative or pay someone to make it match the stealth. My LLC is all legal and legit..just the owner name dont match the pp account.
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