Adding a stucco finish to your Mars rental property comes with both benefits and drawbacks. As good as all exterior siding options, there are perfect justifications to invest in stucco for a rental home, but there can also be a few dilemmas that could make stucco a less inviting alternative. To solve whether stucco siding is suitable for your single-family rentals, it is crucial to first absorb the basics of what stucco is as well as how much a stucco finish will cost. These details can then aid you to create the best resolution for your rental properties.
Popular throughout the American Southwest, stucco siding can be accustomed to a lot of climates and areas. This is due to the fact that stucco is a cement-based plaster that is applied over a galvanized wire mesh called lathe, which makes the plaster adhere to the wall surface and adds strength. Stucco is usually applied in at least three coats, with the top or finish coat including any color or special finishing techniques.
Having the strength and durability of stucco is one of the biggest benefits, there are numerous other factors why stucco could be the right fit for you:
- Stucco is tinted, not painted, this means it can withstand fading for decades.
- Stucco can be textured for a unique and decorative look.
- With the right preservation, stucco can last a very long time, which means you don’t have to cut corners and think about its replacement anytime soon.
- Stucco delivers outstanding protection from inclement weather.
- The cost of stucco is relatively low as against other types of siding, which makes it an economical option.
Undoubtedly, along with the benefits that stucco has to extend, there are a few disadvantages as well.
- Stucco requires professional installation which can considerably increase the cost.
- Applying stucco can be a comprehensive initiative, with almost all professional stucco companies requiring several days to accomplish the operation.
- Stucco can be damaged easily, needing expert renovations.
One more concern is if you can spare to deduct the rate of your stucco finish throughout the course of many years. According to the IRS, a large improvement similar to adding stucco to your rental property’s exterior cannot be deducted as an expense but depreciated over time. This means that you should be able to deduct the full cost of the stucco siding, but not all at once. This causes a careful assessment of your cash flows and tax situation an imperative ingredient of your decision-making process.
If you figure out that stucco is still the leading choice for your properties, the consequent measure is to locate a reliable stucco company that will undertake the job appropriately and at an unbiased price. It can be demanding to identify a prestigious service provider without wasting plenty of time on research, time that could have been spent on your investing transactions.
The great news is that Real Property Management Three Rivers can guide you through this. Our Mars property managers can give strategies and counseling on exterior siding options, as well as propose quality stucco professionals enthusiastic in implementing the finest customer service. To learn more, contact us today.
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