Creating in state or out of state LLC

Hello All, i am a newbie in the REI business. Whats the group opinion about registing parent company in a different state like Neveda than the one where i will b conducting business which is New Jersey? Do u really get that extra protection or is it additional burden to now have to pay 2 state fee etc .

Your local LLC should be sufficient. Since you are just starting out it doesn’t make sense to have one out of state. And yes you will avoid paying twice the fees.