s-corp owner ok to claim his own labor on flip?

[Jeff D.]

Can an s-corp owner /employee /officer claim an amount attributable to his own labor on a flip to help bring down the taxable profit?

For instance, if he did a portion of the work - perhaps the tile, some painting, cleanup, etc - can he say it's worth $X amount based on what a sub would charge? And then deduct it an an expense ?