CoinFlip offers the easiest and fastest way to buy bitcoin and other cryptocurrencies with cash. Just select the coin you want, verify your phone number.You may need to report a capital gain or loss on the transaction. This article will explore the ins and outs of buying real estate using cryptocurrency specifically in the beautiful state of Utah. The cost basis is the original purchase or acquisition price of an asset. Our crypto tax professionals help you prepare your taxes to reflect your digital asset holdings accurately. Mike Waters is a veteran CTO with over 24 years of experience. Gain valuable perspectives from Mike about real estate equity using crypto. Gemini's crypto-native finance platform is available in Utah. Buy, sell, and store your crypto on Gemini.