I am a self employed small business owner. 

If this is the case generally you would report your flip activity on Schedule C of your 1040 and any net taxable income from the flips would be subject to self-employment taxes on Schedule SE.Encourage you to work with a tax CPA/EA this upcoming year if you aren't comfortable DIY.

Hello, I'm trying to use BRRR method.

Make sure that they have a good relationship with a company that will refinance the loan for you if you are using a BRRRR method.

The BRRR method is appealing.

Amortized: 30yrsRefi After: 6monsRehab Time: 2monsAlso since the approach is the BRRR method, can the initial purchasing money be a traditional mortgage (and not hard money) so it can be a 30yr term.

I agree with the others, the Dave Ramsey Method of snowballing towards debt payments would be great in your situation.

This way I get LLC asset protection and because the business is "passive" real estate (rentals) I need not pay salaries and self employment taxes.  

@Chris MasonNot quite it as far as the CCCR comment.Appraisers use three models for value.They also factor in cost to build/replace.They can also use income.To the OP; Ask the appraiser what method(s) they used before you figure out how or if you can change their mind.

What has been your best method of finding good reliable contractors in the Austin area?