Business Structure Question

[Jackie Forte]

Hi BP!I

I have searched for answers to this question, but unfortunately have not found one, so I am hoping some investors, CPAs, and attorneys can chime in! 

I am a new real estate investor. I am planning on starting with fix and flips and fix and rent. After searching the forums and talking to a CPA I have decided to register two entities - one for the flipping side and one for the rental side. 

For example:

1) XYZ Flips, LLC

2) XYZ Rentals, LLC

But I only want one name to be known to the public. For example, I only want to brand one business, have one website, one email domain, one email signature, etc. This company would be called XYZ Properties, LLC.

My questions are:

• What would be the best way to setup the entities to accommodate this? Of course I want to make the decision that provides liability protection for each entity from the others and results in the greatest tax advantage.
• Should XYZ Properties, LLC be setup as a parent company/owner for XYZ Flips, LLC and XYZ Rentals, LLC ?
• Should all three LLCs be setup separately and XYZ Properties, LLC be listed as the DBA name/trade name for XYZ Flips and XYZ Rentals (not sure if this is even possible)?
• Any other other/better ways to handle this?

Many thanks!

Jackie