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  #1  
Old 01-26-2015
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Default paypal's 200 items and 20k limit

Im getting close to my 200 item limit on paypal. How can i get around this without giving my *** number? I dont want to open multiple accounts since this will draw unwanted attention. I tried using skrill but every time they ask for documents. My paypal account was made using a stealth name.
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Old 01-26-2015
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Default Re: paypal's 200 items and 20k limit

If you don't want to give out your number, then you'll need to get comfortable using multiple accounts
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Old 01-26-2015
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Default Re: paypal's 200 items and 20k limit

Stop selling on that account.

Make more to spread sales.

But learn stealth correctly and live with dealing with the issues is the optimum advice.

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Old 01-27-2015
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Default Re: paypal's 200 items and 20k limit

Always good to be building multiple backup accounts - one of the reasons is exactly what you are speaking about OP
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Old 01-29-2015
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Default Re: paypal's 200 items and 20k limit

You really have two options: give the SSN OR create more accounts. Sadly, there isn't a workaround for this one. Given that it is still January, I would highly suggest you make or buy multiple accounts. If you are already using a stealth account, how would using another draw unwanted attention to you?
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Old 01-29-2015
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Default Re: paypal's 200 items and 20k limit

Quote:
Originally Posted by applebaum View Post
You really have two options: give the SSN OR create more accounts. Sadly, there isn't a workaround for this one. Given that it is still January, I would highly suggest you make or buy multiple accounts. If you are already using a stealth account, how would using another draw unwanted attention to you?
Not exactly.

Options are:
1.) spread sales
2.) EIN accounts that will last that you have residual inventory for.
3.) All of the above

3.) is the best option IMO
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Old 01-29-2015
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Default Re: paypal's 200 items and 20k limit

Just get yourself an EIN and attach it to the account.
Plenty of threads on these forums discuss the topic and it is not overly complicated to get it done.
It does mean youll be paying taxes though.
If you spread your sales like other before said you can avoid that - not to mention youll be hedging your exposure and risk since if one account gets taken down you still have others to work with.
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Old 01-30-2015
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Default Re: paypal's 200 items and 20k limit

Quote:
Originally Posted by eencn9 View Post
Im getting close to my 200 item limit on paypal. How can i get around this without giving my *** number? I dont want to open multiple accounts since this will draw unwanted attention. I tried using skrill but every time they ask for documents. My paypal account was made using a stealth name.
Multiple accounts will draw unwanted attention? What? What happens when Paypal limits your account...you will need another account anyways and then you will start all over again from scratch.
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Old 01-30-2015
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Default Re: paypal's 200 items and 20k limit

I tried signing up for an EIN number through he IRS site but they gave me an error message and a number to call. Do you guys know why this would be?
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Old 01-31-2015
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Default Re: paypal's 200 items and 20k limit

Quote:
Originally Posted by eencn9 View Post
I tried signing up for an EIN number through he IRS site but they gave me an error message and a number to call. Do you guys know why this would be?
Get in touch with your accountant.
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Old 01-31-2015
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Default Re: paypal's 200 items and 20k limit

Quote:
Originally Posted by eencn9 View Post
I tried signing up for an EIN number through he IRS site but they gave me an error message and a number to call. Do you guys know why this would be?
No idea what you are doing wrong - is the number an IRS number? Perhaps worth checking out
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