Owning Multiple Paypal Accounts

“How to Avoid, Eliminate, & Resolve ANY Limited Paypal Account!”

Now I would like to take the brief time to explain to you that not only do you need multiple accounts if you plan on selling through Paypal to be on the safe side, but you also need to know how to do it. Normally I would be against encouraging you to go against Paypal’s rules and regulations as I still am, but guess what? There rules contradict each other and there is a loophole that will allow you the ability to open up dozens of Paypal accounts if you feel it necessary without any problems.
Open New Accounts in Spite of Limitations
There are actually 3 different types of accounts. They are as follows:
• Personal Account
• Premier Account
• Business AccountOnce you have already had issues with one or more of your Paypal accounts, then you just forget about attempting to open up either of the first two account types which are personal and premier. Don’t worry because this is actually a good thing because chances are, the only way that you will have account issues with things being limited indefinitely are if you run a business
and if you run a business you need a Paypal business account in order to be able to use all of the features and have all of the privileges that Paypal offers.
With a personal or premier account, you don’t have nearly as many selling tools and weapons that you are going to need anyway. If you are just an average Joe that uses Paypal for non business related use, you are just going to have to up grade to a business account anyway.
 
Why not, it’s free?
Here is what you have to do. You need to log onto Paypal.com and click sign up for a new account. This time, whether you did or didn’t do this the first time, you need to choose the “Business” account type option. This is because when you form a business the proper way, it is not attached to any person’s name. For example: I could form a corporation today and open up a clothing store under that business LLC name. I could literally build up the credit over several months to be excellent so that I can use my company’s credit in order to borrow money for repairs, advertising, expansion, and many other things.

As long as I don’t sign as the personal guarantee on the account, I have absolutely nothing to worry about if the company is unsuccessful for whatever reason and I am unable to repay the hundreds of thousands of dollars that I have borrowed. This is how businesses are run. There for if I go out of business, its ok. It’s not the end of my world. All of my personal assets are perfectly safe because everything was borrowed against the business. I could literally open up dozens of more companies in all different industries just as many billionaires do and as long as I take the proper steps to build the credit and get the funding through my business name and not under my personal credit, they will never be linked together. This is completely legal, ethical, and actually what you are taught to do in business school believe it or not. With all that said, Paypal works exactly the same way with legal businesses. You will
need to form an LLC or some type of business legally even if it’s just a sole proprietorship which is very inexpensive to do. Try checking out www.legalzoom.com or doing your own search through Yahoo or Google. You can be incorporated in just days. You could also go to eBay.com and find brand new corporations that are immediately ready for you to take over for pretty cheap. Once you have received your tax ID number (TIN), you no longer will be using your social anymore. You will use your TIN in place of it when signing up for a new account on Paypal. Be sure to use a different phone number and address other than the one you used on the account that went bad. NEVER USE ANY INFORMATION ASSOCIATED WITH AN OLD ACCOUNT. Another side note is to make sure that you open up a free business checking account at a bank because when Paypal issues your checks, it will not be made out to you personally. It will have your business’s name on it and if you don’t have a business account, you will not be able to cash your check under any circumstances.