Setting up an LLC / S Corp structure

[Angela Crewther]

hi, I'm a newbie looking to get going. I have a couple of avenues I'm investing in. It was suggested I set up an LLC for each avenue and an SCorp overseeing them all.

Can anyone provide guidance/thoughts on if I should set these up in NJ (home state) or if I can set them up in a more beneficial state like NV/NM/Delaware etc? I am also a real estate agent with all my income coming from sales in NJ but my brokerage is online - should I be concerned on double tax if I go outside of NJ for set up on this LLC?

Thanks