INDEPENDENCE TAX CREDIT PLUS LP IV
10-Q, EX-27, 2000-08-01
REAL ESTATE
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<TABLE> <S> <C>

<PAGE>
<ARTICLE> 5
<LEGEND>
The Schedule contains summary financial information extracted from the financial
statements for Independence Tax Credit Plus, L.P. IV and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000940329
<NAME> INDPENDENCE TAX CREDIT PLUS L.P. IV
<MULTIPLIER> 1

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          MAR-31-2001
<PERIOD-START>                             APR-01-2000
<PERIOD-END>                               JUN-30-2000
<CASH>                                       7,529,205
<SECURITIES>                                 1,300,000
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                               605,732
<PP&E>                                      79,042,421
<DEPRECIATION>                               5,180,772
<TOTAL-ASSETS>                              85,277,360
<CURRENT-LIABILITIES>                        9,575,517
<BONDS>                                     38,745,462
                                0
                                          0
<COMMON>                                             0
<OTHER-SE>                                  36,956,381
<TOTAL-LIABILITY-AND-EQUITY>                85,277,360
<SALES>                                              0
<TOTAL-REVENUES>                             1,343,591
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                             1,772,668
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             657,228
<INCOME-PRETAX>                            (1,076,085)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                               (1,076,085)
<EPS-BASIC>                                    (23.24)
<EPS-DILUTED>                                        0


</TABLE>


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