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In this video tutorial, Aaron from Time-Saving Templates demonstrates how to track rental properties using an Excel worksheet. He offers a template available at timesavingtemplates.com, which includes different versions based on the number of properties (5, 10, 15, 25, or 30). Each rental property has its own page where users can input the property's name for easy identification in the summary. The template allows users to record income and standard monthly expenses. Aaron emphasizes the importance of entering the date for each income entry and provides a walkthrough of the process with examples.