Using one LLC for multiple States

[Yuval Molcho]

Hi all,

I am trying to understand if I should use my OH-based LLC to invest in Memphis, or should I establish another LLC in Tennesee. Holding an LLC in OH is simple with no annual fees etc, but I understand that it is a different story in TN.

What is the meaning of operating in TN with an OH LLC? I need to register my LLC as I am "transacting business" by buying rental property and generating income. But do I also need to oblige with all other requirements of an LLC established in TN?

Thanks