When will you have to pay the piper for his music? Be sure to check out Episode 6 of Season I with Max Hansen for a more technical “in the weeds” detail on IRS Section 1031 Deferment of Capital Gains if you are looking for the concise, legalese, attorney-speak because this episode is not that. As we bring Max back for Season III, we keep it high-level and casual in discussing the general status and overall effectiveness of this hot-button issue.