The Section 179 deduction can be taken if the piece of equipment is purchased or financed and the full amount of the purchase price is eligible for the deduction. (investopedia.com)
To pay with miles, you need to have the full amount of the purchase in miles and can not make a partial payment with cash. (lendedu.com)
You also don't have to put the full amount of your purchase on the credit card. (topbabyspot.com)