Buying with an LLC in multiple states

[Christopher M Magill]

I currently have an LLC in Louisiana. We are buying some property in Tennessee and we have never bought property out of state previously. I have been told That I either have to form a separate LLC in the state of Tennessee or file as a foreign entity with Tennessee prior to closing.

I would like to keep one LLC but do not know what is best, easiest, safest, or cheapest. Thanks in advance.