There are a number of factors to consider when adding a stucco finish to your Trophy Club rental property. Just like any other exterior siding option, there are sound reasons to invest in stucco for a rental home, but certain downsides may make stucco a less enticing choice. To figure out whether stucco siding is right for your single-family rentals, you need to be familiar with what it is and how much a stucco finish will cost. This data can assist you in making the best decision for your rental properties.
Well-known in the American Southwest, stucco siding is versatile and suitable for various climates and locations. 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 enhance endurance. In general, stucco is applied in a minimum of three coats. The final coat, also known as the finish coat, is where color and special finishing techniques are incorporated.
Pros of Stucco Siding for Your Rental
Stucco’s strength and durability are not only advantages, but they are also assurances of a long-lasting investment.
- 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, saving you from having to allocate funds for its replacement in the near future.
- Stucco presents superb protection against inclement weather.
- The cost of stucco itself is quite affordable when compared to other types of siding, making it an economical option.
Potential Drawbacks
Naturally, there are some drawbacks to consider, alongside the advantages that stucco provides.
- Stucco requires professional installation, which can significantly increase the cost.
- Using 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.
Another factor to keep in mind is whether you can afford to depreciate the cost of your stucco finish over multiple years. The IRS clarifies 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 demonstrates that you can deduct the total cost of the stucco siding, although it cannot be done in one sitting. It is important to meticulously assess your cash flows and tax situation when making decisions.
If you determine that stucco is still the best option for your properties, the next step is to locate a reputable company that will complete the job with precision and at a reasonable cost.
It can be difficult to find a reputable service provider, especially if you don’t want to spend too much time on research. Real Property Management Meridian is here to assist you. Our Trophy Club property managers are always ready to help you with suggestions and advice about exterior siding options. They can also connect you with quality stucco professionals devoted to delivering exceptional customer service. To know more, contact us online or call 817-678-8787.
Originally Published on Nov 29, 2019
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