Adding a stucco finish to your Pembroke Pines rental property delivers both benefits and drawbacks. Like all exterior siding options, there are certain reasons to invest in stucco for a rental home, but there may be a selection of hindrances that make stucco a less intriguing decision. To decipher whether stucco siding is opportune for your single-family rentals, it is fundamental to first ascertain the basics of what stucco is besides how much a stucco finish will cost. These figures can then help you make the acceptable preference for your leasing properties.
Popular throughout the American Southwest, stucco siding can be adjusted in lots 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 supports 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.
Provided that the strength and durability of stucco are one of the biggest benefits, there is a handful of other determinants why stucco could be the exact one for you.
- Stucco is tinted, not painted, meaning it will withstand fading for decades.
- Stucco can be textured for a unique and decorative look.
- With suitable maintenance, stucco can last a very long time, which means that it won’t require an additional budget for its replacement right away.
- Stucco implements extraordinary shielding against inclement weather.
- The cost of stucco itself is relatively low when associated with other types of siding, making it an economical option.
As anticipated, along with the benefits that stucco has to recommend, there are a few disadvantages also.
- Stucco requires professional installation which can approximately increase the cost.
- Applying stucco can be a timewasting operation, with a good number of professional stucco companies requiring several days to finish the project.
- Stucco can be damaged easily, requiring specialised repairs.
Another topic is whether you can bear to wait for the expense of your stucco finish to be deducted during the course of countless years. According to the IRS, a large improvement like adding stucco to your rental property’s exterior cannot be deducted as an expense but can be depreciated over time. This means that you will be able to deduct the full cost of the stucco siding, but not all at once. This means a careful assessment of your cash flows and tax situation are a vital part of your decision-making process.
If you agree that stucco is still the top preference for your properties, the next step is to find a good stucco company that will carry out the work precisely and at a suitable rate. It can be daunting to encounter an exemplary service provider without going through a lot of time gathering data, time that may be more expediently consumed on your investing business.
The pleasant news is that Real Property Management Premier can help. Our Pembroke Pines property managers can come up with recommendations and guidelines about exterior siding options, as well as nominate quality stucco professionals ready to provide top-notch customer service. To learn more, contact us today.
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