There are several benefits and disadvantages to adding a stucco finish to your Apollo Beach rental property. Similar to other exterior siding options, there are compelling reasons to invest in stucco for a rental home. However, certain downsides can make stucco a less enticing option. To figure out whether stucco siding is right for your single-family rentals, it is crucial to initially be aware of its features and how much a stucco finish will cost. This information can help you make the best decision for your rental properties.
Stucco siding is well-acknowledged in the American Southwest and can be utilized in various environments and areas. This is because stucco is a cement-based plaster applied over a galvanized wire mesh called a lathe, which helps the plaster adhere to the wall surface and makes it more durable. Generally, stucco is applied in a minimum of three layers, with the last layer, known as the finish coat, integrating color or special finishing techniques.
Pros of Stucco Siding for Your Rental
The longevity and toughness of stucco not only ensure a long-lasting investment but also provide benefits.
- Stucco is tinted, not painted, so it can withstand fading for decades.
- Stucco can be textured for a unique and decorative look.
- With proper care, stucco can last a very long time, reducing the need to budget for its replacement anytime soon.
- Stucco provides superb protection against inclement weather.
- The cost of stucco itself is relatively minimal in comparison to other types of siding, making it an economical option.
Potential Drawbacks
Of course, there are certain drawbacks to consider, alongside the advantages that stucco provides.
- Stucco requires professional installation, leading to a substantial increase in cost.
- Applying stucco can be a time-intensive project, with most professional stucco companies needing several days to finish the job.
- Stucco can be damaged easily, requiring professional repairs.
Another factor that matters is whether you can afford to depreciate the cost of your stucco finish over an extended period. According to the IRS, a significant improvement like adding stucco to your rental property’s exterior cannot be deducted as an expense but rather depreciated over time. This implies that you can deduct the total cost of the stucco siding, but not in a single sitting. Cautiously assessing your cash flows and tax situation is imperative for making sound choices.
If you feel that stucco is still the best option for your properties, the subsequent step is to identify an established company that will complete the job with accuracy and at an economical price.
Finding a reputable service provider can be a difficult endeavor that necessitates a substantial amount of time spent conducting investigation. Real Property Management Freedom is here to help. Our Apollo Beach property managers are available to offer guidance and support regarding exterior siding options. They can also suggest quality stucco professionals who have devotion to offering high-quality customer care. To obtain additional data, contact us online or call 813-867-2667.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
