I'll be doing this this weekend and have done it once before as well:
I mash a large grain bill and end up with maybe nine gallons of strong pre-boil wort (BIAB with a bucket sparge). Split it according to the OG I intend for the individual beers (in this case, a 6% IPA and a 4% kettle-soured pale ale), top off as necessary, then do two separate boils. This time as last time, I'll kettle sour one of the beers so the boils will end up being a couple days apart.
There are many other ways to split a batch (@tennesseean_87's guide is quite good, as I recall) from mash to boil to fermentation or even post-fermentation, but if your goal is a pair of IPAs, I'd say a high-gravity mash with a split boil would be an easy option. If you've got a big enough kettle and heat source, you could even boil it all together and then split it for whirlpool or even do all the hot side as one batch and get your main differentiation from big, distinct dry hops, but you'll get more distinction if you boil them separately with different hops, even if you don't fiddle with different OGs, steeped grains, or different yeast strains.