There are advantages and pitfalls to adding a stucco finish to your Bannock County rental property. Like any exterior siding option, there are fascinating reasons to invest in stucco for a rental home, but certain downsides may make stucco a less interesting alternative. You need first to learn what it entails and how much a stucco finish will cost to figure out whether stucco siding is right for your single-family rentals. You can utilize this information to make the best decision for your rental properties.
While stucco siding is most commonly seen in the American Southwest, it is actually suitable for a wide range of seasons and locations. This is due to the fact that stucco is a cement-based plaster spread over a galvanized wire mesh called a lathe, which helps the plaster adhere to the wall surface and gives it additional strength. It is a common practice to apply stucco in three layers, with the final coat incorporating any color or special finishing techniques.
Pros of Stucco Siding for Your Rental
The solidity and longevity of stucco are not merely advantages but assure 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 regular maintenance, stucco can last a very long time, so you won’t have to worry about replacing it anytime soon.
- Stucco gives exceptional protection against inclement weather.
- The cost of stucco itself is affordable because it is lower than other types of siding, making it an economical option.
Potential Drawbacks
Along with the advantages that stucco provides, there are also some drawbacks to consider.
- Stucco requires professional installation, which can significantly increase the cost.
- Applying stucco can be a time-intensive project, with most professional stucco companies requiring several days to finish the job.
- Stucco can be damaged easily, requiring professional repairs.
Something else to consider is whether you can afford to depreciate the cost of your stucco finish as time passes. The IRS says 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 implies you can deduct the total cost of the stucco siding, but not at one time. This makes carefully assessing your cash flows and tax situation an important aspect of making informed decisions.
If you believe that stucco is still the best option for your properties, locating a reliable business that can stucco your property affordably and expertly is the next step.
It can be challenging to find a reputable service provider without devoting significant time to investigation. Let Real Property Management Pocatello assist you. In addition to recommending quality stucco professionals committed to providing exceptional customer service, our Bannock County property managers may provide guidance and recommendations regarding exterior siding options. To find out more, contact us online or call 208-234-1000.
Originally Published on Nov 29, 2019
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