Can this work?!

[MrAnon]

So i was thinking of the road ahead, and the future
I was thinking of opening a new bank acc for the ebay ofc and thinking i could use my ebay /work money and down the line use it for a property investment

Now if i usebthe ebay money for that how would it work out? Do i need to legally regester the business to the government? Like am sure despite the accounted being addressed on someone elces theirs stil way to legitimate it under your name for the gov?! I dunno if you get me, but lets see, thanks yall

[JackFrost]

Originally Posted by MrAnon

So i was thinking of the road ahead, and the future
I was thinking of opening a new bank acc for the ebay ofc and thinking i could use my ebay /work money and down the line use it for a property investment

Now if i usebthe ebay money for that how would it work out? Do i need to legally regester the business to the government? Like am sure despite the accounted being addressed on someone elces theirs stil way to legitimate it under your name for the gov?! I dunno if you get me, but lets see, thanks yall

Yes, you'll need to pay your taxes. If you want to use this money for Property investment.

[MrAnon]

How does the process work?

Do you just regester it as a business to your address depsite tje name and address on the accounts bwing different?

How much would you recommend to regester? After how much earnings? And how does ithe process eork?

Thank you