Use Cash Out Refi to Repay myself for Improvements?

[Jessica Prochniak]

Hi All,

I've done several significant improvements to my primary residence over the last 3-4 years paid in credit/cash. If I do a cash-out refinance on the primary to pay myself back for these improvements, would interest tracing rules still apply since the improvement cost is in the past?

House is appraised at ~425k, remaining mortgage is 200k

(will consult CPA too, but they are on holiday until mid-Jan and have a great re-finance offer I'd like to lock earlier if possible)