Live In IL, STR in WI LLC Question

[Michael Peters]

My wife and I are about to put our WI lakehouse out as a STR this year. For liability purposes our financial advisor is recommending creating a LLC for managing all of the STR stuff. I'm in agreement but I'm not entirely sure where I'm going to need to create the LLC since the property is no in our state of residence.

Do I create the LLC in WI (the state the property is in) and pay for a registered agent in that state?

Do I create the LLC in IL and file as a foreign LLC with WI? I think I still need a registered agent in WI then?

Or am I overthinking it and I should just create the LLC in IL w/ me as the registered agent?

Any advice from those who've done it before would be appriciated.

Thanks!