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In this tutorial, Aaron from Time-Saving Templates demonstrates how to track rental properties using an Excel template available at timesavingtemplates.com. The template offers various versions for different numbers of properties, starting from five up to thirty. Each property has its own page where users can enter the property name for summary tracking. Standard monthly expenses can be assigned to specific properties. Users are guided to input income details, including the date, and expenses. The tutorial emphasizes organizing and managing rental property finances effectively through this Excel system.