Your bookkeeping system can be quite simple. Do it in an accounts book, or, even better, use one of the many accounting programs available for your computer. (Quicken and Microsoft have excellent systems.) Set up your system so that you have two separate pages, one for income, the other for expenses.
If you have multiple properties, you don't need a separate checking account for each, but you do need a separate bookkeeping account for each.
Your bookkeeping system can be quite simple. Do it in an accounts book, or, even better, use one of the many accounting programs available for your computer. (Quicken and Microsoft have excellent systems.) Set up your system so that you have two separate pages, one for income, the other for expenses.
If you have multiple properties, you don't need a separate checking account for each, but you do need a separate bookkeeping account for each.