Should be able to. Talk with your CPA.

I deduct all that sort of stuff, also any subscriptions or fees that I have to pay to acquire data. my cpa says that is fine.

This is a business, not a hobby. If you're a sole proprietor, you'll list your income and expenses on a Scedule C. If you had a loss, your personal income taxes will be reduced. This will be on line 12 of the 1040.