In Sept 2016, I did a cash out refinance of the mortgage on my principal residence. I used some of the cash to pay off debt and saved the rest.
Since then, I have spent a considerable amount on improvements, in 2018 and 2019.
I get what the question is asking, sort of. I looked at the draft 2020 IRS Pub 936, but it doesn't seem to address timing.
Why is TurboTax asking the question in the way it is? Does it mean "Since you took the loan out" or does it mean "Immediately from the proceeds of the loan"?
