If you are using a BR-2 reverse adaptor, chances are you also have a BR-3 also? This attaches to the bayonet mount of a reversed lens and has a 52mm filter thread at the other end. Its purpose is so you can add filters to a reversed lens, but it also acts as a short hood/lens protection for the reversed lens. The depth is about the same a rear lens cap, but it is still rather wide like a K ring (BTW, the BR-2 and BR-3 work well with the K ring set and extend the possibilities even further). Or you can use a drilled out hole in a rear cap as Bjørn suggested. Or simply "focus" the reversed lens close - it doesn't do anything to the focus since the optics are fixed to the camera via the BR-2, but it does extend the barrel over the rear element, giving some protection.
As for which lens is best reversed, for magnifications around 4x (for example) in theory the best is a lens which is sharp at 1:4 in normal position, such as the AIS 28/2.8. Because this lens has CRC (floating elements) the focus ring will make some difference to the image quality - even though it does not focus the lens in reversed position, it does configure the lens so it is better corrected for this magnification. So in this example, with the AIS 28/2.8 in reverse position, I would focus it "close" to 0.2m, because in normal position it is focused to about 1:4. If you want magnifications around 6x, then the focus ring should be set to the position where the lens would get 1:6 in normal position, and so on.