I'm creating an App that can be used and downloaded in any state. For anonymity purposes, cost, and the benefit of avoiding additional fees for multiple DBAs, I would like to register the business in New Mexico. This is a virtual business that I can manage from anywhere in the country. Is it a good idea to create an LLC in New Mexico?
This is the user forum in which we answer questions about preparing income tax returns and about use of the TurboTax income tax software. Your question is not an income tax question, nor are you asking about TT software.
As was mentioned, you question is beyond a tax question. However, most states require a registration an LLC if business is physically operated in that state.
That means if you are solely physically working in New Mexico, yes, in most cases that is likely the only state you need to register the business.
But if you (or your employees) are working in other states, those states may require a registration.
But the laws vary from state to state, so you'll want to look into each state's rules and/or consult a business lawyer.