What are the best options for converting my B1/B2 into a H1B visa?

It appears that you might be mistaken in regard to your current status. Whatever is the expiration date on your visa, it denotes only the last day when you could enter the United States on that visa. Your status in the U.S. depends on the date through which your admission was granted when you came here. When you went through the passport control, the Immigration officer put a stamp into your passport and on the white I-94 card that he/she stapled to your passport. The stamp reads: "Admitted until..."

Do you have an employer who is willing to sponsor for your H1B visa yet?

Unless an employer is a cap-exempt employer, H-1b visas are not available until October 1, 2013. April 1, 2013 is the first date an H-1b can be filed for future H-1b employment. You will want to be sure your passport is valid for at least six months past the date of your entry into the US, but you also need to consult with an attorney to discuss your plans and options for securing an H-1b visa.

It is the I-94 that controls when you are inside the U.S. Thus, you would need to apply for the H-1B prior to the expiration of your I-94 and all are used up for now. *H-1B Specialty Occupation Visa* You qualify for what is known as the H-1B Specialty Occupation Visa. You will need to have an employer agree to sponsor you for a job. It does not need to be a full-time position, but it should be related to your degree. Our firm can do the entire petition. Once we begin processing and get it filed, it normally takes about six to nine months to get the approval. Please note that H-1B's are very limited and are only available for small periods of time during the year. Therefore, Premium Processing discussed next should be used. If you want a work permit in an expedited manner, you can take advantage of the Premium Processing program at USCIS. This will allow you to have the expedited answer in less than one month. You will need to add $1,500.00 to the cost below for Premium Processing. There are only a limited number of H-1B's and it must be filed by April 1. However, it is still possible it will not get selected for this years allotment.

Get a job that requires a 4-year college degree.

It would definitely be a good idea to renew your passport.