The IRS just published an article on 2/21/2018 clarifying the deductibility on interest on Home Equity Loans and HELOCs. If the HELOC was used for home improvement, it looks like it will still be deductible. It appears that one critical point in the new law (other than the new lower limits) is how the funds are (or were) used. Here is the article: <a rel="nofollow" target="_blank" href="
https://www.irs.gov/newsroom/interest-on-home-equity-loans-often-still-deductible-under-new-law">htt...>
