This often reduces the capital gains tax owed by the recipient.

Depending on how you set it up, it won't reduce your earned income, but there may be benefits to making the rent itself tax-free for many years or at least reduced (assuming you never recapture depreciation).

This might reduce your payment by half!  

When the market slows enough, people will start to sell off, which will drive down prices, which will reduce equity, will will drive people to sell off, which . . . you get the idea.I'm just a nobody with an opinion, and I've been wrong at least twice in my life. ;)

does it reduce it by the amount the property is transferred at?

Mounting defaults, reduced demand, and sluggish loan repayments paint a grim picture for landlords and tenants alike.

Reduce your debt load or sock away the savings into reserves.Better to own your best 6 to 8 places then 12 that are not performing at the level you want

If you are worried about being over leveraged first look at your personal debts that are not producing income for you.Remember that when you are increasing equity in a property you are only reducing the risk of the lender.

Both of these sites can help reduce the time to verify an application.

The shed is not cool if it really is one, but my guess is it does not have a foundation, so it's no really a building.On the bright side, sounds like you have long-term tenants, which greatly reduces your turnover expenses.