Fix and Flip Personal Labor Repairs - Can you claim them for tax?

[Cam Kopley]

I found a deal for a fix and flip.  I am wanting to do 90% of the work myself to save reno costs.  For capital gains taxes, how can I charge my personal time to the cost for renovation?

Ex. ARV - $161k

Reno-$16k (if contracted out)

Desired Profit: $30k

Holding costs : $1100/month

Time of reno: 2 months

Time to sell: 2 months

Say I want to bill my time out at $30/hour, is there a way that I can claim that?  I keep track of time for current projects and all material costs associated with itemized renovations.  Or do I have to subcontract that and have a physical bill/receipt?

Thank you for the help!