Set-up an LLC per state, or can use one LLC for both?

[Wendy Brockman]

Hey there

I am looking at starting to invest in two different states (not my own). Do I need to set-up an LLC in each, or can I use one LLC for both states.

Any other ways to set this up for multiple cash purchases in the near future.

Thank you

[Steven Hamilton II]

Originally posted by @Corby Goade:

There is no "right" way to do this. You need to find an attorney and an accountant that know their stuff and that you trust, and move forward with the set up that they recommend. Everyone you talk to with have a different opinion on how you should set up your business, and the bottom line is that you need to understand and support that structure and have a team in place who does the same. 

Best of luck!

This was a great response. You can register your existing LLC in another state. However, It is not always a good idea to do so.