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In this tutorial, Aaron from Time-Saving Templates guides viewers on how to track rental properties using an Excel worksheet. He introduces the "system landlords template," available at timesavingtemplates.com, which comes in various versions for different property counts (5, 10, 15, 25, and 30 properties). Each property has its own page where users can input the rental property's name for easy identification in a summary. Aaron emphasizes the importance of entering standard monthly expenses for each property and demonstrates how to input income details, highlighting the need to include the date alongside the income entries.