content: <PAGE>
  
  
  
                                    UNITED STATES
  
                         SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D. C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
  
             PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE
                                     ACT OF 1934
  
  Date of Report (Date of earliest event reported)      December 20,1996
  
                               (December 12, 1996)
  
  Commission File Number                        0-11655
  
                                NTS-PROPERTIES IV
              (Exact name of registrant as specified in its charter)
  
           Kentucky                                         61-1026356
  (State or other jurisdiction of                 (I.R.S. Employer Identification
  incorporation or organization)                  No.)
  
     10172 Linn Station Road
     Louisville, Kentucky                                       40223
  (Address of principal executive                            (Zip Code)
  offices)
  
  Registrant's telephone number,
  including area code                                       (502) 426-4800
  
                                Not Applicable
             Former name, former address and former fiscal year,
                         if changed since last report
  
  
  
  
  <PAGE>
  
  
  
  Item 5.      Other Items
  
  
               The Partnership has received notice that Philip Crosby  Associates,
               Inc.  (Crosby)  does not  intend to pay full  rental  due under its
               lease from and after  January  1997.  Crosby leases the majority of
               the space in  University  Business  Center  Phase II. The  business
               center is owned by the  Lakeshore/University  II Joint  Venture  of
               which the Partnership  has an 18% interest.  The rental income from
               this property  accounts for  approximately 6% of the  Partnership's
               total  revenues.  The Joint  Venture is presently  evaluating  what
               options and remedies may be available  should  Crosby  choose to so
               default under its lease.
  
  
  <PAGE>
  
  
                                     SIGNATURES
  
  
  Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
  Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned thereunto duly authorized.
  
  
                                                   NTS-PROPERTIES IV
                                                       (Registrant)
  
                                             BY:   NTS-Properties Associates IV
                                                   BY: NTS Capital Corporation,
                                                         General Partner
  
  
                                                         /s/ John W. Hampton
                                                         John W. Hampton
                                                         Senior Vice President
  
  
  
  Date:   December 20, 1996
  
  
  
  
  <PAGE>
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K DATED 12/20/96", "secsgml_size_bytes": 3017}]
metadata_filer: {"company-data": {"conformed-name": "NTS PROPERTIES IV", "cik": "0000719589", "assigned-sic": "6500", "irs-number": "611026356", "state-of-incorporation": "KY", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-11655", "film-number": "96684471"}, "business-address": {"street1": "10172 LINN STATION RD", "city": "LOUISVILLE", "state": "KY", "zip": "40223", "phone": "5024264800"}, "mail-address": {"street1": "10172 LINN STATION RD", "city": "LOUISVILLE", "state": "KY", "zip": "40223"}}
text: UNITED STATES
  
                         SECURITIES AND EXCHANGE COMMISSION
  
                               Washington, D. C. 20549
  
                                      FORM 8-K
  
                                   CURRENT REPORT
  
             PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE
                                     ACT OF 1934
  
  Date of Report (Date of earliest event reported)      December 20,1996
  
                               (December 12, 1996)
  
  Commission File Number                        0-11655
  
                                NTS-PROPERTIES IV
              (Exact name of registrant as specified in its charter)
  
           Kentucky                                         61-1026356
  (State or other jurisdiction of                 (I.R.S. Employer Identification
  incorporation or organization)                  No.)
  
     10172 Linn Station Road
     Louisville, Kentucky                                       40223
  (Address of principal executive                            (Zip Code)
  offices)
  
  Registrant's telephone number,
  including area code                                       (502) 426-4800
  
                                Not Applicable
             Former name, former address and former fiscal year,
                         if changed since last report
  Item 5.      Other Items
  
               The Partnership has received notice that Philip Crosby  Associates,
               Inc.  (Crosby)  does not  intend to pay full  rental  due under its
               lease from and after  January  1997.  Crosby leases the majority of
               the space in  University  Business  Center  Phase II. The  business
               center is owned by the  Lakeshore/University  II Joint  Venture  of
               which the Partnership  has an 18% interest.  The rental income from
               this property  accounts for  approximately 6% of the  Partnership's
               total  revenues.  The Joint  Venture is presently  evaluating  what
               options and remedies may be available  should  Crosby  choose to so
               default under its lease.
  SIGNATURES
  
  Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
  Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
  undersigned thereunto duly authorized.
  
                                                   NTS-PROPERTIES IV
                                                       (Registrant)
  
                                             BY:   NTS-Properties Associates IV
                                                   BY: NTS Capital Corporation,
                                                         General Partner
  
                                                         /s/ John W. Hampton
                                                         John W. Hampton
                                                         Senior Vice President
  
  Date:   December 20, 1996