We want to put in a concrete patio to cover part of yard but need ideas for rest of yard.Can Anyone recommend ideas with our $2000 budget, pictures of your projects would be appreciated!

Fully finished basement. 2 apartments have access to a backyard patio.  1 apartment has central air.

I had the opposite situation, where there was already an existing 2nd floor addition "bump-out" with nothing but the patio underneath.

If the property was acquired for $6 million and sitting on land worth $1 million, it will produce $181,818 in annual non-cash depreciation, as calculated by $5 million divided by 27.5.In general, individuals will pay between 20% and 25% in taxes on real estate investments versus 37%, the highest tax bracket on ordinary income, for hedge funds and other alternative vehicles.

He added a small patio room and roof caused a leak in the kitchen due to them putting vinyl floor title as shingles (A fix I had to pay for). 

There is tax law that states that rental property held for the purpose of long term (1 year plus) and so held at least that long, at sale, the tax is at capital gains rates and not ordinary income like flips or rentals held less than one year.

you cannot take either of those tax treatments with flip properties its ordinary income.

Hard to find any comps nearby because this place is a little unique to the neighborhood:Main House: ~2100 sq. ft. 2 Bedroom/ 2 Bath SFH w/ in-ground pool & hot tub, built in late '60sSomewhat dated but easily updated cosmetically & with new appliancesNice covered patio w/ built in outdoor kitchenAdditional ~ 400 sq. ft. 

Four bedrooms each have an exterior door leading to a patio. 

The legislation requires the O-Fund set up be a new one (e.g. no repurposing something you've already got), 90% of the monies need to be invested in an O-Zone,  gains must be rolled into an O-Fund w/in 6 months of the gain occurring (ordinary income does not qualify), the O-Zone property needs to be one that is used in a trade or business (which would include rental housing, but not unimproved land).