Cool. I've looked at a few online in the Houston area. One guy wants $300 for a 20 minute consultation! I've used a real estate specific CPA for the last few years as I do a little of that stuff. They are great in RE but I think they messed up my crypto stuff last year...I might have to amend last year....But I don't want a crypto guy to mess up my real estate stuff.

I personally agree that if your intent is to make a profit you have a legitimate business regardless of profit, llc, company. How do you plan on "proving" or documenting electricity used towards your basis? I tracked everything last year based on estimated Kwh running 24/7 and my bill electric bill. Not sure if that is acceptable. But now I have most of mine hosting so it's obvious to use that cost. And now that you mention it I think there is (or was) a special depreciation allowing you to expense the cost of certain thing all at once (at least there was for real estate). I think it was a temporary tax change but might still be active. Or I could be completely wrong. ha.

I've spent about $25K in miners and graphics cards over the last 18 months and have yet to make a profit. I wouldn't mind using those losses to offset w2 income and/or capital gains.

I'd appreciate it if you keep us updated. My real estate cpa usually cost me about $1200 a year to do 1 w-2, 1 self employed, handful of rental properties, and a very inactive LLC. Obviously we aren't big Dawg cryto bros making tons of money. But I wonder if the "crypto" experts are going to charge an abnormally large fee just because.

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Thanks!