BOUGHT MY FIRST RENTAL!!!!!! Now Bookkeeping???!!!???

[Cristobal G.]

So I bought my first rental in Kalamazoo, MI. It's a SFR which I will be living in one room and subleasing the rest of the rooms. Tenants/roommates will be paying my mortgage and I will still have an extra $200 left over for other expenses. My main question is how to do the bookkeeping for this property? I am very confused about tracking expenses and organizing it all since I can't completely separate my personal expenses from the rental expenses. Any help will be greatly appreciated. Thanks!!!!

[Harrison Sharp]

It’s easier to keep track of your expenses if you have everything on a separate CC, you will also get up to 2% cash back on some credit cards