Do we need an LLC for side work and flips?

[Christian Smith]

Thanks in advance for clicking into this. Appreciate your time. I'll try and be short but not leave too much out. 

My friend and I work in construction and want to start making some extra cash. He already has some possible deals lined up finishing some basements. We also want to get into flipping. Since there are two of us, do we need an LLC or would it just be easier to put it all under one of us and split the profit?