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In this tutorial, Aaron from Time-Saving Templates demonstrates how to track rental properties using an Excel worksheet template available at timesavingtemplates.com. The template comes in various versions designed for different numbers of properties, ranging from five to thirty. Each rental property has its own page where users can input the property name, which appears in the summary for easy identification. The template allows for the recording of income and standard monthly expenses associated with each property. Aaron explains how to enter details for both income and expenses to effectively manage rental property finances.