There are perks and pitfalls to adding a stucco finish to your Signal Mountain rental property. Like any exterior siding option, there are attractive reasons to invest in stucco for a rental home, but certain downsides may make stucco a less interesting choice. You need to first recognize what it is and how much a stucco finish will cost to figure out whether stucco siding is right for your single-family rentals. You can use this knowledge to make the best decision for your rental properties.
While stucco siding is most commonly seen in the American Southwest, it is actually suitable in various temperatures and locations. This is because stucco is a cement-based plaster put over a galvanized wire mesh called a lathe, which helps the plaster adhere to the wall surface and giving it extra durability. It is a common practice to put stucco in three layers, with the final coat including any color or special finishing techniques.
Pros of Stucco Siding for Your Rental
The durability and longevity of stucco are not merely benefits but assurance of a long-lasting investment.
- Because stucco is tinted rather than painted, it can withstand fading for decades.
- Stucco can be textured for a unique and decorative look.
- With the right upkeep, stucco can last a very long time, so you won’t have to worry about frequently replacing it.
- Stucco offers exceptional protection against inclement weather.
- The cost of stucco itself is cheaper compared to other types of siding, making it an economical option.
Potential Drawbacks
Along with the advantages that stucco provides, there are also certain drawbacks to consider.
- Stucco requires professional installation, which can drastically increase the cost.
- Applying stucco can be a time-intensive project, with most professional stucco companies demanding several days to finish the job.
- Stucco can be damaged easily and needs professional repairs.
Another aspect to think about is whether you can afford to depreciate the cost of your stucco finish as time passes. The IRS mentions that a significant improvement like adding stucco to your rental property’s exterior cannot be deducted as an expense but rather depreciated over time. This signifies that you can deduct the total cost of the stucco siding, but not instantly. This makes prudently assessing your cash flows and tax situation a vital aspect of making informed selections.
If you insist that stucco is still the best option for your properties, finding an experienced company that can stucco your property properly and affordably is the next step.
It can be complicated to find a reputable service provider without investing significant time in the investigation. Real Property Management Your Home is here to help. Aside from connecting you with quality stucco professionals who are dedicated to providing exceptional customer service, our Signal Mountain property managers can give guidance and recommendations regarding exterior siding options. To get more information, contact us online or call 423-704-9944.
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