Reinvest smart

Backyard upgrades, funded by cost seg

The cheapest square footage to make memorable.

Bola Akinsanya

Bola Akinsanya · Founder, Unlevered · September 18, 2026

The backyard photographs better than almost anything indoors, and it costs less to change. When a study frees up cash, it is a natural place to put it.

  1. 1
    A fire pit

    A fire pit

    The cheapest upgrade that shows up in every five-star review.

  2. 2
    An outdoor kitchen

    An outdoor kitchen

    Turns a patio into the reason people pick your listing.

  3. 3
    A pergola

    A pergola

    Shade, structure, and photos that pop.

  4. 4
    A putting green

    A putting green

    Low upkeep, and it earns its space in the listing gallery.

  5. 5
    A sprinkler system

    A sprinkler system

    A green lawn with zero guest effort.

A note on the tax

Most permanent outdoor work is a land improvement: new basis you can depreciate again, and often a candidate for bonus in year one. Smaller add-ons you can usually expense.

Reinvestment ideas, not tax advice. Loop in your CPA.

The first-year cash comes from the study. If you have not run one yet, that is where this starts: estimate your deductions.

More from Depreciation Diaries: Adventure gear, funded by cost seg · Recreation upgrades, funded by cost seg · Wellness amenities, funded by cost seg · Smart home tech, funded by cost seg · Kitchen upgrades, funded by cost seg · Luxury splurges, funded by cost seg · Sourcing List for Guest Favorite Airbnbs · Top 5 Cost Seg Questions this week · A vacation home before the IPO · Where you invest, and the land under it, changes the math · The $400K threshold · Cost Segregation Exists to Drive Economic Activity (It's Not a Loophole) · Why Unlevered's Data Mapping Engine Unlocks 5–20% More Deductions · What a top-down estimate missed: $120K+ in a gym and a sauna · Managing My Real Estate Investment Made Me $5K/hr · The ugliest house in Sea Ranch.

All posts · What a cost segregation report looks like · Curious what a study actually looks like? Read a real one.