Well, a tug boat engine without a tug boat to put it in is not of much use to anybody, so we would say that the overall boat is the unit of property.
That tug thing costs way more than $5,000. Let’s continue.
NOTE: BTW, if you do not have an audit, the IRS drops that dollar limit down to $500.
That tug work blew past $200 like it was standing still. Let’s proceed.
Lyle Lovett - If I Had A Boat