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1031 Specialists Unveils AI-Driven Innovation for 1031 Investors

BISWIRE/July 29, 2024 — In the world of 1031 exchanges, commercial real estate professionals, accountants, and lawyers have been relegated to using last century’s technology to answer complex exchange questions. Today, that changes. 1031 Specialists is announcing the launch of their groundbreaking AI, dubbed Mr1031, to deliver faster, more accurate answers to professionals in the 1031 real estate sector.

Built on OpenAI’s platform and trained on more than 800,000 words of US tax code, regulations and judicial authority, Mr1031 delivers superior 1031 answers in less than 10.31 seconds. The magic lies in applying an AI model to a specialized "inch wide, mile deep" domain like 1031 exchanges. 1031 Specialists’ approach delivers outstanding results that are faster than any human, smarter than 99.99% of 1031 professionals, and far more accurate than ChatGPT.

“Today we are announcing the biggest innovation in the 1031 space in more than a generation,” said Jon Hilley, founder of 1031 Specialists. “Mr1031 doesn’t sleep, is available anywhere on the planet, and can instantly recall 1,985 pages and 808,355 words of detailed US Treasury Regulations, Revenue Rulings, and Technical Memoranda. We’ve put it through the wringer in internal testing and in 3 short words, it’s insanely good.”

Mr1031 provides real estate investors instant and accurate answers to complicated 1031 questions and allows commercial real estate professionals to supercharge their efficiency, add more value to their clients and ensure their client’s 1031 transaction maintains its momentum.

“Our goal with Mr1031 is to educate real estate investors, supercharge our broker partners’ efficiency and keep deals moving,” stated Mr. Hilley. “After a year of development, we think Mr1031 hits that mark.”

Over the past month, more than 100 commercial real estate brokers, investors and real estate attorneys have tested Mr1031. Feedback has been universally positive:

“Wow, it is surprisingly good.”

"Mr1031 is fantastic for clients trying to navigate 1031 exchanges. It’s my go-to for quick logic checks on even the most complex exchanges. Bookmarked!"

“This tool is absolutely fabulous. I tried to stump it and I couldn’t.”

"A rapid, accurate resource for even the toughest 1031 questions? Sign me up!"

“10 out of 10!”

To try Mr1031 yourself and become a 1031 superhuman, visit www.1031specialists.com and click the chat icon on the bottom right. It’s always available, 100% free, and doesn’t require an email to use.