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In this tutorial, Aaron from Time-Saving Templates demonstrates how to track rental properties using an Excel worksheet. He introduces a template available at timesavingtemplates.com, tailored for landlords, which includes multiple versions based on the number of properties (ranging from 5 to 30). Each rental property's page allows users to input the property's name for easy identification in the summary section. Users can enter monthly income and expenses, with the option to assign standard monthly expenses to specific properties. The tutorial emphasizes entering details such as dates for income, providing a structured approach to property management.