Ouch. 1031 exchanges may help in the US but they are not recognised in the UK.

Globalization - They make me dizzy, but I have bunches of clients looking at multiple markets. 

Plus I like the tangibility of something physical..I'm interested in learning how to structure deals (optimal legal entities, tax implications, risk mitigation), financing options, and have some familiarity with this on a high level (albeit in a corporate and and global context).

Modern free-market capitalist economics is a relatively new field of interest, and global free-market capitalist economics even newer.

Making Global Positive Change one deal at a time.Kimberly Brandon

Apparently, James / Jim Rickards has been letting anyone who will listen know that the "Global Elite" have been conspiring for years to undermine the strength of the US, amongst other things.

I've had some commercial lenders also look at my global debt service coverage ratio, but they don't reduce the income by 25% so my numbers are much better when a commercial underwriter is evaluating me than for a conventional loan.

With the risk of oversimplifying, the underwriters set the "global" rule.

http://www.nbcnews.com/id/43946055/ns/business-us_...https://www.cnbc.com/id/44855323Oh wait, that is from 2011....I got it nowhttps://www.forbes.com/sites/merrillmatthews/2012/...https://www.huffingtonpost.com/2012/10/08/recessio...Shoot...my bad, those are from 2013.....Got it now, definitive proofhttp://fortune.com/2014/10/28/global-recession-us-...https://www.forbes.com/sites/billconerly/2014/12/2...Rats...that was my 2015 folderJust stop....you cant predict the business cycles.   

They are separate entities and must be recognised as such to fully understand the value of money/cash.