content: 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)   July 6, 1998  (June 30, 1998)
  
  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
  
  On February 1, 1996,  NTS-Properties IV, Ltd.(the "Partnership")  established an
  Interest  Repurchase  Reserve  pursuant  to  Section  16.4 of the  Partnership's
  Amended and  Restated  Agreement of Limited  Partnership.  Under  Section  16.4,
  limited  partners may request the  Partnership  to repurchase  their  respective
  interests (Units) in the Partnership.
  
  As of June 30, 1998,  NTS-Properties IV has elected to fund an additional amount
  of $16,065 to bring its current  Interest  Repurchase  Reserve to $73,185.  With
  this funding,  the  Partnership  will be able to repurchase up to 357 Units at a
  price of  $205.00  per Unit.  The  Partnership  intends  to notify  the  limited
  partners of the  additional  funding and of the new price by letter dated July 2
  1998.
  
  
  
  
  <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/ Lynda J. Wilbourn
                                            -------------------
                                            Lynda J. Wilbourn
                                            Vice President
  
  
  
  Date:    July 6, 1998
  
  
  
  
  <PAGE>
metadata_documents: [{"type": "8-K", "sequence": "1", "description": "FORM 8-K DATED JULY 6, 1998", "secsgml_size_bytes": 2920}]
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": "98666219"}, "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)   July 6, 1998  (June 30, 1998)
  
  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
  
  On February 1, 1996,  NTS-Properties IV, Ltd.(the "Partnership")  established an
  Interest  Repurchase  Reserve  pursuant  to  Section  16.4 of the  Partnership's
  Amended and  Restated  Agreement of Limited  Partnership.  Under  Section  16.4,
  limited  partners may request the  Partnership  to repurchase  their  respective
  interests (Units) in the Partnership.
  
  As of June 30, 1998,  NTS-Properties IV has elected to fund an additional amount
  of $16,065 to bring its current  Interest  Repurchase  Reserve to $73,185.  With
  this funding,  the  Partnership  will be able to repurchase up to 357 Units at a
  price of  $205.00  per Unit.  The  Partnership  intends  to notify  the  limited
  partners of the  additional  funding and of the new price by letter dated July 2
  1998.
  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/ Lynda J. Wilbourn
                                            -------------------
                                            Lynda J. Wilbourn
                                            Vice President
  
  Date:    July 6, 1998