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):     January 10, 1997
                                 (December 30, 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 No.)
  incorporation or organization)           
  
     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
  
  
  As was previously reported in the Form 8-K filed with the Commission on December
  23, 1996, 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 Joint Venture will pursue legal  resolution of this  situation and will seek
  to place new  tenants  in the space as quickly as  possible.  At this time,  the
  future  leasing  and tenant  finish  costs  which will be required to obtain new
  tenants are unknown.
  
  In  order  to  conserve  cash,  the  following  actions  will  be  taken  by the
  Partnership.  First,  the repurchase of Partnership  Units will be  interrupted.
  Second,  effective  December 30, 1996,  distributions  will be suspended.  These
  steps will be taken until it is clear that,  in the general  partner's  opinion,
  the  Partnership  has the  necessary  cash  reserves to meet future  leasing and
  tenant  finish costs and has rebuilt cash  reserves to meet the ongoing needs of
  the Partnership.
  
  
  
  
  <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:    January 10,1997
  
  
  
  <PAGE>
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K DATED JANUARY 10, 1997", "secsgml_size_bytes": 3483}]
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": "97504472"}, "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):     January 10, 1997
                                 (December 30, 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 No.)
  incorporation or organization)           
  
     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
  
  As was previously reported in the Form 8-K filed with the Commission on December
  23, 1996, 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 Joint Venture will pursue legal  resolution of this  situation and will seek
  to place new  tenants  in the space as quickly as  possible.  At this time,  the
  future  leasing  and tenant  finish  costs  which will be required to obtain new
  tenants are unknown.
  
  In  order  to  conserve  cash,  the  following  actions  will  be  taken  by the
  Partnership.  First,  the repurchase of Partnership  Units will be  interrupted.
  Second,  effective  December 30, 1996,  distributions  will be suspended.  These
  steps will be taken until it is clear that,  in the general  partner's  opinion,
  the  Partnership  has the  necessary  cash  reserves to meet future  leasing and
  tenant  finish costs and has rebuilt cash  reserves to meet the ongoing needs of
  the Partnership.
  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:    January 10,1997