Master 1031 Exchanges with This Free AI Tool

The Easy Win AI Real Estate Show

If you are planning a 1031 exchange or are just 1031 curious, this episode is for you. Jon Hilley, founder of 1031 Specialists, has built a game-changing AI chatbot that answers any question about 1031 exchanges. Yes; any, question. Test it out on the podcast page, here: https://easywin.ai/podcast/1031-exchange/ Plug in any question you have about 1031 exchanges and see how it works. Jon and his team trained their model on 808,000 words of data, including policy regulations, field notes, opinion letters, technical memoranda, and more. In theory, the model has near perfect knowledge of this highly complicated area of the tax code. It’s very cool and we did a screenshare test of it during the podcast so, if you have a chance, watch the video on the podcast page. Or, better yet, test it with your own questions. And… each week I ask my guests the same three questions. Here are Jon’s responses: 1. Why should real estate professionals pay attention to AI today?

• AI is an empowering tool that helps professionals close more deals, be more responsive, and get more business by increasing efficiency and maintaining momentum.

2. How do you use AI on a daily basis?

• Uses the custom-developed Mr. 1031 AI tool for answering client questions quickly and accurately.
• Utilizes ChatGPT for writing assistance, such as drafting press releases.
• Exploring Arcades for creating social media ads efficiently and cost-effectively.

3. Any easy wins with AI that listeners could try?

• Recommends the Khan Academy app, developed in partnership with OpenAI, for personalized and patient math tutoring for children, which enhances their learning experience.

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