##### Table of Contents



UNITED STATES
 SECURITIES AND EXCHANGE
    COMMISSION
 Washington, D.C. 20549
  FORM 10-K
  (Mark One)
 [X]  ANNUAL REPORT
    PURSUANT TO SECTION 13 OR 15(d) OF THE
  SECURITIES EXCHANGE ACT OF
    1934
  For the fiscal year ended December 31, 2008
  OR
  [ ]  TRANSITION
    REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
  SECURITIES EXCHANGE ACT OF
    1934
  For the transition period from
    
    to
  Commission file no. 33-13437
  DEL TACO INCOME PROPERTIES
    IV
 (A California limited partnership)
 (Exact name of registrant as
    specified in its charter)
  California(State or other jurisdiction of
    incorporation or organization)

33-0241855(I.R.S. Employer
    Identification Number)25521 Commercentre Drive
    Lake Forest, California(Address of principal executive
    offices)

92630(Zip Code)    (949) 462-9300
      X
  X
  X
  DOCUMENTS
    INCORPORATED BY REFERENCE
       Large
    accelerated
    filer o
    Accelerated
    filer o
    Non-accelerated
    filer þ
    Smaller
    reporting
    company o   Rule 12b-2  X




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TABLE OF CONTENTS  PART IItem 1. BusinessItem 1A. Risk FactorsItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Submission of Matters to a Vote of Security HoldersPART IIItem 5. Market for the Partnerships Common Equity, Related Security Holder Matters and Issuer Purchases of Equity SecuritiesItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosuresItem 9A(T). Controls and ProceduresItem 9B. Other InformationPART IIIItem 10. Directors, Executive Officers, and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership of Certain Beneficial Owners and ManagementItem 13. Certain Relationships, Related Transactions, and Director IndependenceItem 14. Principal Accountant Fees and ServicesPART IVItem 15. Exhibits and Financial Statement SchedulesSIGNATURESEXHIBIT INDEXEX-31.1EX-31.2EX-32.1    Table of Contents  
 PART I
 
 Item 1. Business
    
 Item 1A. Risk Factors
  
 Item 2. Properties
  Date ofDate of
    
    Restaurant
    
    Commencement ofAddress
    
    City, State
    
    Acquisition
    
    Constructed
    
    Operation (1)Orangethorpe
Avenue
    
    Placentia, CA
    
    August 5, 1988
    
    60 seat with drive
through service
window
    
    March 27, 1989Lakeshore
Drive
    
    Lake Elsinore, CA
    
    February 1, 1989
    
    60 seat with drive
through service
window
    
    April 18, 1990 (2)Highland Avenue
    
    San Bernardino, CA
    
    December 8, 1989
    
    60 seat with drive
through service
window
    
    July 13, 1990
  
 (1)
    
    Commencement of operation is the first date Del Taco, as lessee, operated the facility on the
site as a Del Taco restaurant.(2)
    
    The restaurant is subleased to a franchisee of Del Taco and the restaurant operates as a Del
Taco restaurant.
 2




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##### Table of Contents



Item 3. Legal Proceedings
  
 Item 4. Submission of Matters to a Vote of Security Holders
  
 PART II
 
 Item 5.
    
    Market for the Partnerships Common Equity, Related Security Holder Matters and Issuer
Purchases of Equity Securities
  
 Item 6. Selected Financial Data
  Years Ended December 31,2008
    
    
    2007
    
    
    2006
    
    
    2005
    
    
    2004Rental revenues
    
    $
    443,351
    
    
    $
    435,344
    
    
    $
    448,520
    
    
    $
    458,027
    
    
    $
    439,657General and administrative
expense
    
    
    64,782
    
    
    
    66,626
    
    
    
    63,845
    
    
    
    62,255
    
    
    
    60,837Depreciation expense
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268Interest and other income
    
    
    1,826
    
    
    
    2,457
    
    
    
    2,873
    
    
    
    2,348
    
    
    
    1,955Net income
    
    
    325,127
    
    
    
    315,907
    
    
    
    332,280
    
    
    
    342,852
    
    
    
    325,507Net income per limited
partnership unit
    
    
    1.95
    
    
    
    1.89
    
    
    
    1.99
    
    
    
    2.05
    
    
    
    1.95Cash distributions per
limited partnership unit
    
    
    2.24
    
    
    
    2.27
    
    
    
    2.38
    
    
    
    2.34
    
    
    
    2.52Total assets
    
    
    1,643,562
    
    
    
    1,692,501
    
    
    
    1,777,129
    
    
    
    1,840,586
    
    
    
    1,892,767Long-term obligations
    
    
    137,953
    
    
    
    137,953
    
    
    
    137,953
    
    
    
    137,953
    
    
    
    137,953
 3




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Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations
   Liquidity and Capital Resources
   Off Balance Sheet Arrangements and Contractual Obligations
  Results of Operations
   Years Ended December 31,2008
    
    
    2007
    
    
    2006Orangethorpe Ave., Placentia, CA
    
    $
    190,038
    
    
    $
    183,608
    
    
    $
    179,482Lakeshore Drive, Lake Elsinore, CA
    
    
    154,046
    
    
    
    159,535
    
    
    
    176,494Highland Ave., San Bernardino, CA
    
    
    99,267
    
    
    
    92,201
    
    
    
    92,544Total
    
    $
    443,351
    
    
    $
    435,344
    
    
    $
    448,520
 4




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##### Table of Contents



Item 7.
    
    Managements Discussion and Analysis of Financial
Condition and Results of Operations
(Continued)
 Results of Operations (continued)
   Percentage of Total General and Administrative ExpenseYears Ended December 31,2008
    
    
    2007
    
    
    2006Accounting fees
    
    
    71.67
    %
    
    
    68.79
    %
    
    
    67.09
    %Distribution of information
to limited partners
    
    
    27.09
    
    
    
    30.00
    
    
    
    31.34Other
    
    
    1.24
    
    
    
    1.21
    
    
    
    1.57100.00
    
    
    
    100.00
    
    
    
    100.00
      5




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##### Table of Contents



Item 7.
    
    Managements Discussion and Analysis of Financial
Condition and Results of Operations
(Continued)
 Recent Accounting Pronouncements
  Critical Accounting Policies and Estimates
  Revenue Recognition:
 Property and Equipment:
  
 Item 7A. Quantitative and Qualitative Disclosures About Market Risk
  6




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Item 8. Financial Statements and Supplementary Data
 PART I. INFORMATION
 INDEX
    
    PAGE NUMBERReport of Independent Registered Public Accounting Firm 
Squar, Milner, Peterson, Miranda & Williamson, LLP
    
    
    8Balance Sheets at December 31, 2008 and 2007
    
    
    9Statements of Income for the years ended
December 31, 2008, 2007 and 2006
    
    
    10Statements of Partners Equity for
the years ended December 31, 2008, 2007 and 2006
    
    
    11Statements of Cash Flows for the years ended
December 31, 2008, 2007 and 2006
    
    
    12Notes to Financial Statements
    
    
    13-18Schedule III  Real Estate and Accumulated Depreciation
    
    
    25
 7




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Report of Independent Registered Public Accounting Firm
 
        8




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DEL TACO INCOME PROPERTIES IV
 BALANCE SHEETS
 December 31,2008
    
    
    2007ASSETSCURRENT ASSETS:Cash
    
    $
    120,448
    
    
    $
    115,922Receivable from Del Taco LLC
    
    
    37,461
    
    
    
    35,715Deposits
    
    
    608
    
    
    
    551Total current assets
    
    
    158,517
    
    
    
    152,188PROPERTY AND EQUIPMENT:Land and improvements
    
    
    1,236,700
    
    
    
    1,236,700Buildings and improvements
    
    
    1,289,860
    
    
    
    1,289,860Machinery and equipment
    
    
    484,789
    
    
    
    484,7893,011,349
    
    
    
    3,011,349Lessaccumulated depreciation
    
    
    1,526,304
    
    
    
    1,471,0361,485,045
    
    
    
    1,540,313$
    1,643,562
    
    
    $
    1,692,501LIABILITIES AND PARTNERS EQUITYCURRENT LIABILITIES:Payable to limited partners
    
    $
    13,898
    
    
    $
    12,502Accounts payable
    
    
    10,540
    
    
    
    10,819Total current liabilities
    
    
    24,438
    
    
    
    23,321OBLIGATION TO GENERAL PARTNER
    
    
    137,953
    
    
    
    137,953PARTNERS EQUITY AT DECEMBER 31, 2008 AND 2007:Limited partners; 165,375 units outstanding at December 31, 2008
and December 31, 2007
    
    
    1,497,493
    
    
    
    1,547,048General partner-Del Taco LLC
    
    
    (16,322
    )
    
    
    (15,821
    )1,481,171
    
    
    
    1,531,227$
    1,643,562
    
    
    $
    1,692,501
  9




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DEL TACO INCOME PROPERTIES IV
 STATEMENTS OF INCOME
 Years Ended December 31,2008
    
    
    2007
    
    
    2006RENTAL REVENUES
    
    $
    443,351
    
    
    $
    435,344
    
    
    $
    448,520EXPENSES:General and administrative
    
    
    64,782
    
    
    
    66,626
    
    
    
    63,845Depreciation
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268120,050
    
    
    
    121,894
    
    
    
    119,113Operating income
    
    
    323,301
    
    
    
    313,450
    
    
    
    329,407OTHER INCOME:Interest
    
    
    576
    
    
    
    2,082
    
    
    
    2,273Other
    
    
    1,250
    
    
    
    375
    
    
    
    600Net income
    
    $
    325,127
    
    
    $
    315,907
    
    
    $
    332,280Net income per limited
partnership unit (note 2)
    
    $
    1.95
    
    
    $
    1.89
    
    
    $
    1.99Number of limited partnership units
used in computing per unit amounts
    
    
    165,375
    
    
    
    165,375
    
    
    
    165,375
  10




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DEL TACO INCOME PROPERTIES IV
 STATEMENTS OF PARTNERS EQUITY
 Years Ended December 31, 2008, 2007, and 2006
 Limited Partners
    
    
    GeneralUnits
    
    
    Amount
    
    
    Partner
    
    
    TotalBalance, December 31, 2005
    
    
    165,375
    
    
    $
    1,673,263
    
    
    $
    (14,546
    )
    
    $
    1,658,717Net Income
    
    
    
    
    
    
    328,957
    
    
    
    3,323
    
    
    
    332,280Cash Distributions
    
    
    
    
    
    
    (393,304
    )
    
    
    (3,973
    )
    
    
    (397,277
    )Balance, December 31, 2006
    
    
    165,375
    
    
    
    1,608,916
    
    
    
    (15,196
    )
    
    
    1,593,720Net Income
    
    
    
    
    
    
    312,748
    
    
    
    3,159
    
    
    
    315,907Cash Distributions
    
    
    
    
    
    
    (374,616
    )
    
    
    (3,784
    )
    
    
    (378,400
    )Balance, December 31, 2007
    
    
    165,375
    
    
    
    1,547,048
    
    
    
    (15,821
    )
    
    
    1,531,227Net Income
    
    
    
    
    
    
    321,876
    
    
    
    3,251
    
    
    
    325,127Cash Distributions
    
    
    
    
    
    
    (371,431
    )
    
    
    (3,752
    )
    
    
    (375,183
    )Balance, December 31, 2008
    
    
    165,375
    
    
    $
    1,497,493
    
    
    $
    (16,322
    )
    
    $
    1,481,171
  11




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DEL TACO INCOME PROPERTIES IV
 STATEMENTS OF CASH FLOWS
 Years Ended December 31,2008
    
    
    2007
    
    
    2006CASH FLOWS FROM OPERATING ACTIVITIES:Net income
    
    $
    325,127
    
    
    $
    315,907
    
    
    $
    332,280Adjustments to reconcile net income to net
cash provided by operating activities:Depreciation
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268Changes in operating assets and liabilities:Receivable from Del Taco LLC
    
    
    (1,746
    )
    
    
    821
    
    
    
    2,398Deposits
    
    
    (57
    )
    
    
    64
    
    
    
    (215
    )Payable to limited partners
    
    
    1,396
    
    
    
    (22,383
    )
    
    
    (3,108
    )Accounts payable
    
    
    (279
    )
    
    
    248
    
    
    
    4,648Net cash provided by operating activities
    
    
    379,709
    
    
    
    349,925
    
    
    
    391,271CASH FLOWS FROM FINANCING ACTIVITIES:Cash distributions to partners
    
    
    (375,183
    )
    
    
    (378,400
    )
    
    
    (397,277
    )Net increase (decrease) in cash
    
    
    4,526
    
    
    
    (28,475
    )
    
    
    (6,006
    )Beginning cash balance
    
    
    115,922
    
    
    
    144,397
    
    
    
    150,403Ending cash balance
    
    $
    120,448
    
    
    $
    115,922
    
    
    $
    144,397
  12




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DEL TACO INCOME PROPERTIES IV
 NOTES TO FINANCIAL STATEMENTS
 NOTE 1  ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 The Partnership:
   Basis of Accounting:
 Property and Equipment:
  13




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DEL TACO INCOME PROPERTIES IV  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 1 
    
    ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  Continued
 Income Taxes:
 Net Income Per Limited Partnership Unit:
 Use of Estimates:
 Revenue Recognition:
 Concentration of Risk:
  Fair Value of Financial Instruments :
 14




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DEL TACO INCOME PROPERTIES IV  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 2  PARTNERS EQUITY
  NOTE 3  OBLIGATION TO GENERAL PARTNER
  NOTE 4  LEASING ACTIVITIES
   15




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DEL TACO INCOME PROPERTIES IV  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 5  RELATED PARTIES
     NOTE 6  INCOME TAXES (UNAUDITED)
   2008
    
    
    2007
    
    
    2006Net income per financial statements
    
    $
    325,127
    
    
    $
    315,907
    
    
    $
    332,280Excess book depreciation
    
    
    14,915
    
    
    
    14,915
    
    
    
    14,915Taxable income
    
    $
    340,042
    
    
    $
    330,822
    
    
    $
    347,195
  Partners equity per financial statements
    
    $
    1,481,171Issue costs of limited partnership units
capitalized for tax purposes
    
    
    579,259Difference in book vs. tax depreciation
    
    
    274,582Partners equity for tax purposes
    
    $
    2,335,012
 16




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DEL TACO INCOME PROPERTIES IV  NOTES TO FINANCIAL STATEMENTS - CONTINUED
 NOTE 7  CASH DISTRIBUTIONS TO LIMITED PARTNERS
  Cash
    
    
    Weighted
    
    
    Number of UnitsDistribution per
    
    
    Average Number
    
    
    Outstanding atLimited Partnership
    
    
    of Units
    
    
    the End ofQuarter Ended
    
    Unit
    
    
    Outstanding
    
    
    QuarterDecember 31, 2005
    
    $
    0.64
    
    
    
    165,375
    
    
    
    165,375March 31, 2006
    
    
    0.55
    
    
    
    165,375
    
    
    
    165,375June 30, 2006
    
    
    0.56
    
    
    
    165,375
    
    
    
    165,375September 30, 2006
    
    
    0.63
    
    
    
    165,375
    
    
    
    165,375Total paid in 2006
    
    $
    2.38December 31, 2006
    
    $
    0.63
    
    
    
    165,375
    
    
    
    165,375March 31, 2007
    
    
    0.53
    
    
    
    165,375
    
    
    
    165,375June 30, 2007
    
    
    0.46
    
    
    
    165,375
    
    
    
    165,375September 30, 2007
    
    
    0.65
    
    
    
    165,375
    
    
    
    165,375Total paid in 2007
    
    $
    2.27December 31, 2007
    
    $
    0.59
    
    
    
    165,375
    
    
    
    165,375March 31, 2008
    
    
    0.45
    
    
    
    165,375
    
    
    
    165,375June 30, 2008
    
    
    0.60
    
    
    
    165,375
    
    
    
    165,375September 30, 2008
    
    
    0.60
    
    
    
    165,375
    
    
    
    165,375Total paid in 2008
    
    $
    2.24
  NOTE 8  RESULTS BY QUARTER (UNAUDITED)
 First
    
    Second
    
    Third
    
    FourthQuarter
    
    Quarter
    
    Quarter
    
    QuarterYear ended December 31, 2008Rental revenues
    
    $
    105,815
    
    
    $
    111,894
    
    
    $
    113,926
    
    
    $
    111,716Net income
    
    
    54,702
    
    
    
    89,995
    
    
    
    91,835
    
    
    
    88,595Net income per limited partnership unit
    
    
    0.33
    
    
    
    0.54
    
    
    
    0.55
    
    
    
    0.53Year ended December 31, 2007Rental revenues
    
    $
    104,586
    
    
    $
    109,946
    
    
    $
    112,025
    
    
    $
    108,787Net income
    
    
    54,067
    
    
    
    88,130
    
    
    
    88,610
    
    
    
    85,100Net income per limited partnership unit
    
    
    0.32
    
    
    
    0.53
    
    
    
    0.53
    
    
    
    0.51
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DEL TACO INCOME PROPERTIES IV  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 9
 PAYABLE TO LIMITED PARTNERS
  NOTE
10  ACQUISITION OF GENERAL PARTNER
  18




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Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosures
  
 Item 9A(T). Controls and Procedures
     (a)
    
    Managements Report on Internal Control over Financial Reporting
  Internal Control 
Integrated Framework
 19




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(b)
    
    Changes in internal controls:
  
 Item 9B. Other Information
  
 PART III
 
 Item 10. Directors, Executive Officers, and Corporate Governance
  Name
    
    Title
    
    AgePaul J.B. Murphy, III
    
    Chief Executive Officer
    
    
    54James W. Lyons
    
    Chief Development Officer
    
    
    53James D. Stoops
    
    Executive Vice President, Operations
    
    
    56Janet D. Erickson
    
    Executive Vice President, Purchasing
    
    
    52Steven L. Brake
    
    Treasurer
    
    
    36
  (c)
    
    None(d)
    
    No family relationship exists between any such officer of the General Partner.(e)
    
    The following is an account of the business experience during the past five years of each
such officer:
 20




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Paul J. B. Murphy, III
 James W. Lyons
 James D. Stoops
 Janet D. Erickson
 Steven L. Brake
   
 Item 11. Executive Compensation
  21




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##### Table of Contents



Item 12. Security Ownership of Certain Beneficial Owners and Management
 (a)
    
    No person of record currently owns more than five percent of limited partnership units of the
Partnership, nor was any person known of by the Partnership to own of record and beneficially,
or beneficially only, more than five percent of such securities.
 (b)
    
    Neither Del Taco LLC, nor any executive officer or director of Del Taco LLC, owns any limited
partnership units of the Partnership.
 (c)
    
    The Partnership knows of no contractual arrangements, the operation or the terms of which may
at a subsequent date result in a change in control of the Partnership, except for provisions
in the partnership agreement providing for removal of the General Partner by holders of a
majority of the limited partnership units and if a material event of default occurs under the
financing agreements of the General Partner.
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Item 13. Certain Relationships, Related Transactions, and Director Independence
 (a)
    
    No transactions have occurred between the Partnership and any executive officer or director
of its General Partner.During 2008, the following transactions occurred between the Partnership and the General
Partner pursuant to the terms of the partnership agreement.
 (1)
    
    The General Partner earned $3,251 as its one percent share of the net income of
the Partnership.(2)
    
    The General Partner received $3,752 in distributions relating to its one percent
interest in the Partnership.
 (b)
    
    During 2008, the Partnership had no business relationships with any entity of a type required
to be reported under this item.(c)
    
    Neither the General Partner, any director or officer of the General Partner, or any associate
of any such person, was indebted to the Partnership at any time during 2008 for any amount.(d)
    
    Not applicable.
 
 Item 14. Principal Accountant Fees and Services
  2008
    
    2007Audit Fees
    
    $
    17,779
    
    
    $
    14,330Audit-Related Fees
    
    
    0
    
    
    
    0Tax Fees
    
    
    0
    
    
    
    0All Other Fees
    
    
    0
    
    
    
    0Total
    
    $
    17,779
    
    
    $
    14,330
  23




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PART IV
 
 Item 15. Exhibits and Financial Statement Schedules
 (a)(1)
    
    Financial StatementsIncluded in Part II of this report:Report of Independent Registered Public Accounting Firm  Squar, Milner, Peterson, Miranda & Williamson, LLPBalance SheetsStatements of IncomeStatements of Partners EquityStatements of Cash FlowsNotes to Financial Statements(a)(2)
    
    Financial Statement ScheduleSchedule III  Real Estate and Accumulated DepreciationFinancial statement schedules other than those referred to above have been omitted because
they are not applicable or not required.(b)
    
    Reports on Form 8-KNo reports on Form 8-K were filed during 2008.(c)
    
    Exhibits required by Item 601 of Regulation S-K:
 1.
    
    Incorporated herein by reference, Restated Agreement of Limited Partnership of
Del Taco Income Properties IV filed as Exhibit 3.01 to Partnerships Registration
Statement on Form S-11 as filed with the Securities and Exchange Commission on June 5,
1987.2.
    
    Incorporated herein by reference, Amendment to Restated Agreement of Limited
Partnership of Del Taco Income Properties IV.3.
    
    Incorporated herein by reference, Form of Standard Lease to be entered into by
Partnership and Del Taco, Inc., as lessee, filed as Exhibit 10.02 to Partnerships
Registration Statement on Form S-11 as filed with the Securities and Exchange Commission
on June 5, 1987.31.1
    
    Paul J.B. Murphy, IIIs Certification Pursuant to Section 302 of the Sarbanes-Oxley Act
of 200231.2
    
    Steven L. Brakes Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1
    
    Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
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DEL TACO INCOME PROPERTIES IV
SCHEDULE III  REAL ESTATE AND ACCUMULATED DEPRECIATION
DECEMBER 31, 2008
 Cost capitalized
    
    Gross amount atInitial cost
    
    subsequent to
    
    which carried atto company
    
    acquisition
    
    close of period
    
    
    
    
    
    
    
    
    
    
    
    
    
    Life on whichLand
    
    Buildings &
    
    
    
    
    
    Land, buildings &
    
    
    
    
    
    
    
    
    
    
    
    
    
    depreciation in latestDescription
    
    
    
    
    
    & land
    
    Improve-
    
    Carrying
    
    improvements
    
    Accumulated
    
    Date of
    
    Date
    
    income statement(All Restaurants)
    
    Encumbrances
    
    improvements
    
    ments
    
    costs
    
    Total
    
    depreciation
    
    construction
    
    acquired
    
    is computedPlacentia, CA
    
    $
    
    
    
    $
    465,933
    
    
    $
    485,961
    
    
    $
    
    
    
    $
    951,894
    
    
    $
    392,390
    
    
    
    1988
    
    
    
    1988
    
    
    20 (LI), 35 (BI)Lake Elsinore, CA
    
    
    
    
    
    
    449,058
    
    
    
    468,361
    
    
    
    
    
    
    
    917,419
    
    
    
    378,181
    
    
    
    1989
    
    
    
    1989
    
    
    20 (LI), 35 (BI)San Bernardino, CA
    
    
    
    
    
    
    321,709
    
    
    
    335,538
    
    
    
    
    
    
    
    657,247
    
    
    
    270,914
    
    
    
    1989
    
    
    
    1989
    
    
    20 (LI), 35 (BI)$
    
    
    
    $
    1,236,700
    
    
    $
    1,289,860
    
    
    $
    
    
    
    $
    2,526,560
    
    
    $
    1,041,485
 AccumulatedRestaurants
    
    DepreciationBalances at December 31, 2005:
    
    $
    2,526,560
    
    
    $
    875,681Additions
    
    
    
    
    
    
    55,268Retirements
    
    
    
    
    
    
    Balances at December 31, 2006:
    
    
    2,526,560
    
    
    
    930,949Additions
    
    
    
    
    
    
    55,268Retirements
    
    
    
    
    
    
    Balances at December 31, 2007:
    
    
    2,526,560
    
    
    
    986,217Additions
    
    
    
    
    
    
    55,268Retirements
    
    
    
    
    
    
    Balances at December 31, 2008:
    
    $
    2,526,560
    
    
    $
    1,041,485
   25




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##### Table of Contents



SIGNATURES
  DEL TACO INCOME PROPERTIES IVa California limited partnershipDel Taco LLC
General PartnerDate March 11, 2009
    
    Paul J.B. Murphy, IIIPaul J.B. Murphy, IIIChief Executive OfficerDate March 11, 2009
    
    James W. Lyons

James W. LyonsChief Development OfficerDate March 11, 2009
    
    Steven L. Brake

Steven L. BrakeTreasurer
 26




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##### Table of Contents



EXHIBIT INDEX
  Exhibit
    
Description1.
    
    Incorporated herein by reference, Restated Agreement of
Limited Partnership of Del Taco Income Properties IV filed as Exhibit 3.01 to Partnerships Registration Statement on Form S-11 as
filed with the Securities and Exchange Commission on June 5, 1987.2.
    
    Incorporated herein by reference, Amendment to Restated Agreement of Limited Partnership of Del Taco Income Properties IV.3.
    
    Incorporated herein by reference, Form of Standard Lease to be entered into by Partnership and Del Taco, Inc., as lessee, filed as Exhibit 10.02 to Partnerships Registration Statement on Form S-11 as filed with the Securities and Exchange Commission on June 5, 1987.31.1
    
    Paul J.B. Murphy, III Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200231.2
    
    Steven L. Brakes Certification Pursuant to Section 302 of the Sarbanes-Oxley Act of 200232.1
    
    Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
 27