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Old 03-31-2016
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Default PayPal 20k Annual Options

Ive had an operational ebay & paypal stealth account for the better part of the year with no issues.

My question is what are the options for if/when I hit the 20k annual limit I've heard mentioned.

The typical solution is to provide a SSN but Ive also heard something about a Federal Business/Tax number?

Is it possible to just run a second or third stealth account connected to a misc visa card etc? If that's the case will the initial account unlock at the end of the year?

Anyone know the details?
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Old 03-31-2016
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Default Re: PayPal 20k Annual Options

EIN. Register an LLC and apply for an EIN. Should run you less than $200 if I'm thinking correctly. Without a SSN/ EIN when you hit 200 Transactions OR Gross 20K for the year they will limit you. I've been through 4 accounts this year already and have 2 more coming to an end shortly.

If you supply a EIN they will automatically upgrade you to a Business account as well.
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