Im new to ebay/payapal stealth and ghost accounts hopefully you guys can give me some help. Im a powerseller on ebay with 750+ feedback and do $8-10k a month in sales. I buy cell phones locally for cheap and flip them on ebay so my net sales are high but only a small portion of that is actual profit. Ebay raised my selling limits with some hassle but ive never had any issues with account suspension. My problem is i dont report to the irs my sales at the end of the year what options do i have to fly under the radar because after 20k in sales paypal is required to report your earnings. Thanks for any advice in advance.
Also where should i be keeping my money, in my paypal account or keep transferring it to my bank?