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Yes, Ipe wood is a popular high-end choice for pool decking. It repels water and is naturally slip-resistant. It's not susceptible to mold, mildew, or rot, either, so it lasts longer and is cleaner and more hygienic than other popular decking materials. However, remember that due to its status, it is a very high-cost wood, and you might find that an alternative would serve you just as well for significantly less.

Materials for a second-story deck must be weather- and rot-resistant, though the specific choices will largely be determined by your budget and style preference. Pressure-treated wood is on the lower end of the price scale, but it can be customized and stained the way you like it. Composite, on the other hand, is pricier for installation and has fewer options for customization, but you’ll save money and time in the long run because it requires little maintenance.

What goes under your floating deck depends on your preferences. Some homeowners put landscaping fabric underneath their decks to prevent weeds from popping up through the boards. Others choose to build a floating deck over grass or gravel. However, it’s best not to set your deck directly on the ground. Instead, set your deck on blocks to keep it elevated enough to prevent moisture from rotting the wood.

Liquid rubber is great for waterproofing, but it can damage your deck if it’s not applied correctly. First, it can trap moisture in the wood if the deck isn’t completely dry before application.  Second, applying it too thickly can create a heavy, rubbery surface layer that peels and cracks under fluctuating temperatures. For the best results, ensure the wood is completely dry before application, and apply the liquid rubber in thin, even coats. A quick inspection every now and then will help you catch any issues early, keeping your deck protected and looking its best.