LLC in-state vs. out of state

[Jim Chung]

hello,

After reading and a lot researching, i am finally ready to take the plunge. . iam in contract buying a duplex and 8 units in toledo, ohio area. i do have a partner going in with me. i have few questions about structuring entity.

1) i live in NY area. If I formed a LLC for my buildings, should i formed in ohio or NY area. Does it make a difference? i understand i still have to register the LLC to Ohio area in order to do business there

2) For my duplex, is it necessary to go under LLC? knowing that i may want to do 1031 in future, and was informed may be difficult 1031 exchange under LLC. Do you think using operation agreement will suffice for the duplex without LLC

This is exciting time for me and as always, thank you for your advice with my endeavor

Jim