LLC for flipping and I'm an out of state resident

[Bryan N.]

So, I'm active duty military with rentals held under my name and an umbrella. I'm going to start flipping. I was going to start an LLC because I was told that it will limit my taxes to 15%. Currently I'm in the 25% tax bracket. I'm a CA resident, but due to my employment I don't pay state tax in CA or VA. I asked my CPA about flipping within the LLC and his response was this:

"The character of the transaction is retained, whether in an LLC or not. Thus, the LLC will likely not having any effect for tax purposes."

I asked a second CPA and he said:

"Your CPA gave you correct but incomplete advice. The LLC itself is a generic entity. If you did nothing it would be treated as a "disregarded entity" or ignored for tax purposes. If you elected to treat the LLC as a corporation, you could take advantage of the 15% corporate tax rate but this involves planning as the money would be taxed again when you take it out."

There is a lot of confusing info on the internet about how taxes are handled.  Can anyone break this down to the third grade level for me?

Thank you