Books on biz and real estate that I have really like:The Book on Managing Rental Properties - BiggerPocketsABCs of Real Estate InvestingStart With Why - Simon SinekTax Free Wealth - Tom WheelrightThe E-Myth - Michael GerberCurrently reading: Extreme Ownership - Jocko WillinkOn Deck: Gary Keller's The One ThingThe 7 Habits of Highly Effective People - CoveyDon't recommend: The Oz Principle.

However if you are having a schedule E on your return with no schedule C then you get denied because it's not "Business Income" rather investment income.

@Dave Foster, I assume there is no difference whether they did a 'regular seller finance' meaning the title transfers and a mortgage is created vs. a 'land contract' where to my understanding is that the title does not transfer until the fullfillment of that 'contract'?

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc.

My broker advised me to contact my CPA to amend my schedule E to take less of a deduction.

transfer taxes are a percentage of the price....  

It wasn't like the dot com bubble where P/E ratios were being bid up insanely high in spite of earnings. 

Does lender care that it was just transferred?  

Guidance says forgiveness shall be based on net profit * 8/52.There is nothing else said, so I am not going to assume you have to make transfers to your own bank account (in many cases, the Treas is aware sole props do not have separate banks accounts). 

The Advance is available as part of the full EIDL application and will be transferred into the account you provide shortly after your application is submitted.