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-   -   Did you register for MP as personal or business? (https://www.aspkin.com/forums/us-managed-payments/144556-did-you-register-mp-personal-business.html)

fookmp 07-14-2021 06:12 PM

Did you register for MP as personal or business?
 
Few questions, if any one that was successful with MP can shed some light

(1) Did you register for MP as personal or business?

(2) For those that did LLC, did you do sole proprietor, Single-member LLC, Corporation/multi-member LLC, or Partnership?

(3) For business ccount, do you just give then EIN or do you also have to give SSN?

(4) For business account, I think you have to put a name/owner did you use your real info or stealth?

(5) When you make business checking account, does it show a person's name or just the business name?

Seems like even if you make business MP, they still ask for person's name so what's the point of doing business MP?

solefoodbk 07-15-2021 01:11 AM

Re: Did you register for MP as personal or business?
 
Quote:

Originally Posted by fookmp (Post 1162779)
Few questions, if any one that was successful with MP can shed some light

(1) Did you register for MP as personal or business?

(2) For those that did LLC, did you do sole proprietor, Single-member LLC, Corporation/multi-member LLC, or Partnership?

(3) For business ccount, do you just give then EIN or do you also have to give SSN?

(4) For business account, I think you have to put a name/owner did you use your real info or stealth?

(5) When you make business checking account, does it show a person's name or just the business name?

Seems like even if you make business MP, they still ask for person's name so what's the point of doing business MP?

1) business

2) single member LLC

3) SSN

4) real name

5) business checking always show business name

fookmp 07-16-2021 02:54 AM

Re: Did you register for MP as personal or business?
 
Quote:

Originally Posted by solefoodbk (Post 1162811)
1) business

2) single member LLC

3) SSN

4) real name

5) business checking always show business name


so what's the point of putting business/LLC if you are just going to use your real name and SSN anyways?

rsot 07-16-2021 05:18 AM

Re: Did you register for MP as personal or business?
 
Welcome to the forum OP - all the best as you master stealth :thumb:


Business/LLC would be relevant for use of the business bank account associated I could see

solefoodbk 07-16-2021 07:06 PM

Re: Did you register for MP as personal or business?
 
Quote:

Originally Posted by fookmp (Post 1162955)
so what's the point of putting business/LLC if you are just going to use your real name and SSN anyways?

When you use a business as opposed to personal it is viewed as a BUSINESS.

fookmp 07-17-2021 05:16 AM

Re: Did you register for MP as personal or business?
 
Quote:

Originally Posted by solefoodbk (Post 1163045)
When you use a business as opposed to personal it is viewed as a BUSINESS.

yeah i get that, but is it any more stealth? because even if you sign up as a business i think you still have to give the same details as a personal account (name, address, social)

rsot 07-17-2021 05:41 AM

Re: Did you register for MP as personal or business?
 
Quote:

Originally Posted by fookmp (Post 1163088)
yeah i get that, but is it any more stealth? because even if you sign up as a business i think you still have to give the same details as a personal account (name, address, social)

Not more stealth - just more legit in terms of sales volume, tax reporting, etc - some benefits there potentially

agent006140 07-17-2021 04:59 PM

Re: Did you register for MP as personal or business?
 
Because most sellers on EBAY are individuals,
Behind every business,there is at least one homo sapien

hercules2 07-20-2021 05:05 AM

Re: Did you register for MP as personal or business?
 
Quote:

Originally Posted by fookmp (Post 1162955)
so what's the point of putting business/LLC if you are just going to use your real name and SSN anyways?

We all hope in our mind's eye that something different in every acct (LLC name) will save us from being linked


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