Adding a stucco finish to your Ivins rental property promises both benefits and drawbacks. Like all exterior siding options, there are likable factors to invest in stucco for a rental home, but there may be a small portion of cons that make stucco a less fascinating solution. To find out whether stucco siding is appropriate for your single-family rentals, it is vital to first grasp the basics of what stucco is as well as how much a stucco finish will cost. These details can then help you make the right call for your rental properties.
Popular throughout the American Southwest, stucco siding can be applied in multiple climates and areas. This is because stucco is a cement-based plaster that is applied over a galvanized wire mesh called lathe, which improves 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.
The strength and durability of stucco are considered to be one of the biggest benefits, but there countless other considerations why stucco could be the right one for you.
- Stucco is tinted, not painted, which means that it will withstand fading for decades.
- Stucco can be textured for a unique and decorative look.
- With maintenance, stucco can last a very long time, which means that you will not need to budget for its replacement right away.
- Stucco provides excellent protection against inclement weather.
- The cost of stucco itself is relatively low when matched to other types of siding, giving you an economical option.
By all means, along with the benefits that stucco has to bring forth, there are a few disadvantages as well.
- Stucco requires professional installation which can inevitably increase the cost.
- Applying stucco can be an all-encompassing enterprise, with a lot of professional stucco companies requiring several days to accomplish the duty.
- Stucco can be damaged easily, requiring professional repairing.
Another situation is whether you can accredit to a depreciation of the cost of your stucco finish for many years. According to the IRS, a large 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 will be able to deduct the full cost of the stucco siding, but not all at once. This requires a careful assessment of your cash flows and tax situation, a pertinent segment of your decision-making process.
If you confirm that stucco is the selection for your properties, the next step is to spot a certified stucco company that will fulfill the chore well and at a good value for money. It can be strenuous to find a legitimate service provider without spending enough time on research, time that may be more practically utilized on your investing operations.
The good news is that Real Property Management Southern Utah is here to help. Our Ivins property managers can extend proposals and guidelines about exterior siding options, as well as promote quality stucco professionals driven to providing elite customer service. To learn more, contact us today.
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