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Old 07-15-2014
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Question How to safely link and operate 2ebays to 1 paypal?

If I buy from market place let's say 30 accounts (each of them comes with paypal already). And then will get 15 EIN's to operate 2ebays for each paypal. How should I do it ? As soon as I enter same EIN for both accounts, they're linked. Is is dangerous? I'm not selling VERO. Can I get limited by just doing that?
As far as I understood 10-15 EIN's is maximum for IRS not to get flagged. So to double up sales I'm assuming I should use 2/1. Is it safe to do so? And if yes, what should keep separate and what should I keep shared (like user accounts, cc's, paying fees etc) to not get banned or limited?
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Old 07-15-2014
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Default Re: How to safely link and operate 2ebays to 1 paypal?

It can be dangerous since you NEVER know what eB will do. I have experimented with linknig max eB's to one PP and have found the following:

1. All accounts could go down for security issues
2. Limits can be SPLIT among the eB accounts.
3. The pp could go down for security issue
4. Nothing will happen (this is the best scenario).

If you can live with 1-3 happening, then that's your decision to make but the main point is WHY bother with the risk...I wouldnt rely on these accounts heavily knowing what I have seen.

Keep all separate...15 EINs? Just do 15 stealth EIN accounts...1:1 as you work out your business plan
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Old 07-15-2014
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Default Re: How to safely link and operate 2ebays to 1 paypal?

Quote:
Originally Posted by rsot View Post
It can be dangerous since you NEVER know what eB will do. I have experimented with linknig max eB's to one PP and have found the following:

1. All accounts could go down for security issues
2. Limits can be SPLIT among the eB accounts.
3. The pp could go down for security issue
4. Nothing will happen (this is the best scenario).

If you can live with 1-3 happening, then that's your decision to make but the main point is WHY bother with the risk...I wouldnt rely on these accounts heavily knowing what I have seen.

Keep all separate...15 EINs? Just do 15 stealth EIN accounts...1:1 as you work out your business plan
Thank you for letting know. What is a maximum amount of EIN's for llc to have without extra attention from IRS ? I'm honestly paying taxes and will hire account next year for these purposes. Just don't want to be flagged by IRS for too many EINs. I aimed to have 30 ebays with 100/5000 limits. 15 is still good, but is there a workaround to get 30 accts without extra attention from IRS. I sell non-VERO and low-cost items but in big quantities.
Could you suggest me something?
I would really appreciate it.

P.S.: I really love this forum and creator (aspkin). You're doing great job for sharing your exp. Sorry for many posts sincerely and bothering you with the kind of same questions. I know products to sell a lot but have 300 items/month on my main. With this forum it seems that it could be multipled in many times so I'm asking a lot of questions until everything is clear and settled. Sorry for that and thank all of you!
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Old 07-16-2014
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Default Re: How to safely link and operate 2ebays to 1 paypal?

Speak to a tax professional about creating EINs.

There will be methods available that you can turn around and use with stealth.

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Old 07-16-2014
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Default Re: How to safely link and operate 2ebays to 1 paypal?

@olekstom87, you're starting out....listen to GB...start with 1 account of each and build from there.
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