Setting up the business with LLCs

[Lynn Anthony]

We are starting up our real estate investing business and creating the LLCs. I had recently heard that if we planned to flip and do BRRRRs that we should have two LLCs. Put the flips on one and the BRRRRs on the other for tax benefit reasons. Can any of the experienced investors shed any light on this or how we should be setting it up? Thanks!