Financed by ownerLet's say I provide the financing to sell my house and take the entire gain this year on my taxes. The future payments, I would simply pay taxes on the interest. My question, if I need to repossess the house, is there a way to recover the taxes I paid on the gain? I realize my option is to file taxes as an installment sale and pay taxes on the gain each year. The big unknown is the tax rate in the future.December 04 2012 - McPherson00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.