diff --git a/pkg/helmexec/exec.go b/pkg/helmexec/exec.go
index 1352d7ae..283910ef 100644
--- a/pkg/helmexec/exec.go
+++ b/pkg/helmexec/exec.go
@@ -597,10 +597,6 @@ func (helm *execer) exec(args []string, env map[string]string, overrideEnableLiv
 		enableLiveOutput = *overrideEnableLiveOutput
 	}
 	outBytes, err := helm.runner.Execute(helm.helmBinary, cmdargs, env, enableLiveOutput)
-
-	// Reset extra args after each helm execution
-	helm.SetExtraArgs()
-
 	return outBytes, err
 }
 
@@ -618,10 +614,6 @@ func (helm *execer) execStdIn(args []string, env map[string]string, stdin io.Rea
 	cmd := fmt.Sprintf("exec: %s %s", helm.helmBinary, strings.Join(cmdargs, " "))
 	helm.logger.Debug(cmd)
 	outBytes, err := helm.runner.ExecuteStdIn(helm.helmBinary, cmdargs, env, stdin)
-
-	// Reset extra args after each helm execution
-	helm.SetExtraArgs()
-
 	return outBytes, err
 }
 
diff --git a/pkg/state/state.go b/pkg/state/state.go
index 717ed80d..1514d931 100644
--- a/pkg/state/state.go
+++ b/pkg/state/state.go
@@ -1439,6 +1439,11 @@ func (st *HelmState) runHelmDepBuilds(helm helmexec.Interface, concurrency int,
 	//    So we shouldn't use goroutines like we do for other helm operations here.
 	//
 	//    See https://github.com/roboll/helmfile/issues/1521
+
+	// Reset helm extra args to not pollute BuildDeps() on subsequent helmfiles
+	// https://github.com/helmfile/helmfile/issues/1749
+	helm.SetExtraArgs()
+
 	for _, r := range builds {
 		buildDepsFlags := getBuildDepsFlags(r)
 		if err := helm.BuildDeps(r.releaseName, r.chartPath, buildDepsFlags...); err != nil {
diff --git a/test/integration/run.sh b/test/integration/run.sh
index 1b163a31..faedd4b4 100755
--- a/test/integration/run.sh
+++ b/test/integration/run.sh
@@ -69,6 +69,7 @@ function cleanup() {
 set -e
 trap cleanup EXIT
 info "Using namespace: ${test_ns}"
+info "Using Helm version:" $(${helm} version --short | grep -o 'v[0-9.]\+')
 ${helm} plugin ls | grep diff || ${helm} plugin install https://github.com/databus23/helm-diff --version v${HELM_DIFF_VERSION}
 info "Using Kustomize version: $(kustomize version --short | grep -o 'v[0-9.]\+')"
 ${kubectl} get namespace ${test_ns} &> /dev/null && warn "Namespace ${test_ns} exists, from a previous test run?"
@@ -96,6 +97,7 @@ ${kubectl} create namespace ${test_ns} || fail "Could not create namespace ${tes
 . ${dir}/test-cases/deps-mr-1011.sh
 . ${dir}/test-cases/deps-kustomization-i-1402.sh
 . ${dir}/test-cases/hcl-secrets.sh
+. ${dir}/test-cases/issue-1749.sh
 
 # ALL DONE -----------------------------------------------------------------------------------------------------------
 
diff --git a/test/integration/test-cases/issue-1749.sh b/test/integration/test-cases/issue-1749.sh
new file mode 100644
index 00000000..22344957
--- /dev/null
+++ b/test/integration/test-cases/issue-1749.sh
@@ -0,0 +1,12 @@
+issue_1749_input_dir="${cases_dir}/issue-1749/input"
+helmfile_real="$(pwd)/${helmfile}"
+
+test_start "issue 1749 helmfile.d template --args --dry-run=server"
+cd "${issue_1749_input_dir}"
+${helmfile_real} template --args --dry-run=server || fail "\"issue 1749 helmfile.d template --args --dry-run=server\" shouldn't fail"
+cd -
+test_pass "issue 1749 helmfile.d template --args --dry-run=server"
+
+test_start "issue 1749 helmfile.yaml template --args --dry-run=server"
+${helmfile_real} template -f "${issue_1749_input_dir}/helmfile-2in1.yaml.gotmpl" --args --dry-run=server || fail "\"issue 1749 helmfile.yaml template --args --dry-run=server\" shouldn't fail"
+test_pass "issue 1749 helmfile.yaml template --args --dry-run=server"
diff --git a/test/integration/test-cases/issue-1749/input/helmfile-2in1.yaml.gotmpl b/test/integration/test-cases/issue-1749/input/helmfile-2in1.yaml.gotmpl
new file mode 100644
index 00000000..6f699a06
--- /dev/null
+++ b/test/integration/test-cases/issue-1749/input/helmfile-2in1.yaml.gotmpl
@@ -0,0 +1,23 @@
+releases:
+  - name: test1
+    chart: ../../../charts/raw
+    values:
+      - templates:
+          - |
+            apiVersion: v1
+            kind: ConfigMap
+            metadata:
+              name: {{`{{ .Release.Name }}`}}
+            data:
+              foo: {{`{{ (first (lookup "v1" "Namespace" "" "").items).metadata.name }}`}}
+  - name: test2
+    chart: ../../../charts/raw
+    values:
+      - templates:
+          - |
+            apiVersion: v1
+            kind: ConfigMap
+            metadata:
+              name: {{`{{ .Release.Name }}`}}
+            data:
+              foo: {{`{{ (first (lookup "v1" "Namespace" "" "").items).metadata.name }}`}}
diff --git a/test/integration/test-cases/issue-1749/input/helmfile.d/helmfile1.yaml.gotmpl b/test/integration/test-cases/issue-1749/input/helmfile.d/helmfile1.yaml.gotmpl
new file mode 100644
index 00000000..e70221df
--- /dev/null
+++ b/test/integration/test-cases/issue-1749/input/helmfile.d/helmfile1.yaml.gotmpl
@@ -0,0 +1,12 @@
+releases:
+  - name: test1
+    chart: ../../../../charts/raw
+    values:
+      - templates:
+          - |
+            apiVersion: v1
+            kind: ConfigMap
+            metadata:
+              name: {{`{{ .Release.Name }}`}}
+            data:
+              foo: {{`{{ (first (lookup "v1" "Namespace" "" "").items).metadata.name }}`}}
diff --git a/test/integration/test-cases/issue-1749/input/helmfile.d/helmfile2.yaml.gotmpl b/test/integration/test-cases/issue-1749/input/helmfile.d/helmfile2.yaml.gotmpl
new file mode 100644
index 00000000..81f1cf1a
--- /dev/null
+++ b/test/integration/test-cases/issue-1749/input/helmfile.d/helmfile2.yaml.gotmpl
@@ -0,0 +1,12 @@
+releases:
+  - name: test2
+    chart: ../../../../charts/raw
+    values:
+      - templates:
+          - |
+            apiVersion: v1
+            kind: ConfigMap
+            metadata:
+              name: {{`{{ .Release.Name }}`}}
+            data:
+              foo: {{`{{ (first (lookup "v1" "Namespace" "" "").items).metadata.name }}`}}