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Deductions & credits
I found a similar question and answer online. It seems that using the funds from a HELOC to pay the mortgage payment for the same property that secures the HELOC falls under the "buy" part of "buy, improve or build". Here's the link:
https://www.justanswer.com/tax/9em9g-i-m-using-home-equity-loans-following-1-paying.html
‎June 4, 2019
4:29 PM