Originally Posted by
bajrbajr
IF your company is cool with your plan to use the miles and bill them for $480 I would do it. I would do it for considerably less than $480... maybe as low as $300... factoring in the diminished chance of upgrades and if I needed the MQMs.
Beware, you may get flamed for this idea as some here consider it "stealing" from your company. There was a pretty heated thread about this a few months back.
A while back a few NBA refs were caught doing basically this. Were fired and convicted of tax fraud.
I would only do this if I had an agreement with whoever was paying me. Even so, that means the money would be taxable which makes it difficult to get a good value.
A better solution is similar but to use your miles for a co-travelor so you at least get the MQMs.