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In this tutorial, Aaron from Time-Saving Templates explains how to track rental properties using an Excel worksheet. He offers a customizable template on his website, with versions for up to 30 properties. Each property has its own page where users can input the property's name for easy identification in summaries. The template allows for monthly standard expenses to be assigned to each rental property. Users enter income details, including dates, in specified sections of the worksheet. Aaron demonstrates how to effectively organize financial information for better property management.