1031 Seller Financing?

[Pete T.]

So I understand the general answer would be to discuss my personal situation w/ my CPA, but in general- how would it work if I wanted to use a 1031 to defer taxes on a property I sell, but do so via seller financing?  Would I only be able to put the down payment toward the next purchase and owe taxes on the rest of the profit?  Any input would be great.