##### 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,
    2009
  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
  Regulation S-T
  Regulation S-K Form 10-K Form 10-K. o
  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. [Reserved]PART 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 7. Managements Discussion and Analysis of Financial Condition and Results of Operations   (Continued)Item 7. Managements Discussion and Analysis of Financial Condition and Results of Operations   (Continued)Item 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataPART I. INFORMATIONItem 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 and Related Transactions, and Director IndependenceItem 14. Principal Accountant Fees and ServicesPART IVItem 15. Exhibits and Financial Statement SchedulesSIGNATURESEX-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
    
    CommencementAddress
    
    City, State
    
    Acquisition
    
    Constructed
    
    of 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.
    
    [Reserved]
 
 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 31,2009
    
    2008
    
    2007
    
    2006
    
    2005Rental revenues
    
    $
    434,004
    
    
    $
    443,351
    
    
    $
    435,344
    
    
    $
    448,520
    
    
    $
    458,027General and administrative
expense
    
    
    64,794
    
    
    
    64,782
    
    
    
    66,626
    
    
    
    63,845
    
    
    
    62,255Depreciation expense
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268Interest and other income
    
    
    990
    
    
    
    1,826
    
    
    
    2,457
    
    
    
    2,873
    
    
    
    2,348Net income
    
    
    314,932
    
    
    
    325,127
    
    
    
    315,907
    
    
    
    332,280
    
    
    
    342,852Net income per limited
partnership unit
    
    
    1.89
    
    
    
    1.95
    
    
    
    1.89
    
    
    
    1.99
    
    
    
    2.05Cash distributions per
limited partnership unit
    
    
    2.29
    
    
    
    2.24
    
    
    
    2.27
    
    
    
    2.38
    
    
    
    2.34Total assets
    
    
    1,578,174
    
    
    
    1,643,562
    
    
    
    1,692,501
    
    
    
    1,777,129
    
    
    
    1,840,586Long-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 31,2009
    
    
    2008
    
    
    2007Orangethorpe Ave., Placentia, CA
    
    $
    188,989
    
    
    $
    190,038
    
    
    $
    183,608Lakeshore Drive, Lake Elsinore, CA
    
    
    151,851
    
    
    
    154,046
    
    
    
    159,535Highland Ave., San Bernardino, CA
    
    
    93,164
    
    
    
    99,267
    
    
    
    92,201Total
    
    $
    434,004
    
    
    $
    443,351
    
    
    $
    435,344
 4




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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 Expense
 Years Ended December 31,2009
    
    2008
    
    2007Accounting fees
    
    
    65.87
    %
    
    
    71.67
    %
    
    
    68.79
    %Distribution of information
to limited partners
    
    
    27.90
    
    
    
    27.09
    
    
    
    30.00Other
    
    
    6.23
    
    
    
    1.24
    
    
    
    1.21100.00
    %
    
    
    100.00
    %
    
    
    100.00
    %
      5




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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, 2009 and 2008
    
    
    9Statements of Income for the years ended
December 31, 2009, 2008 and 2007
    
    
    10Statements of Partners Equity for
the years ended December 31, 2009, 2008 and 2007
    
    
    11Statements of Cash Flows for the years ended
December 31, 2009, 2008 and 2007
    
    
    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 31,2009
    
    
    2008ASSETSCURRENT ASSETS:Cash
    
    $
    112,034
    
    
    $
    120,448Receivable from Del Taco LLC
    
    
    35,686
    
    
    
    37,461Deposits
    
    
    677
    
    
    
    608Total current assets
    
    
    148,397
    
    
    
    158,517PROPERTY 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
    
    
    1,581,572
    
    
    
    1,526,3041,429,777
    
    
    
    1,485,045$
    1,578,174
    
    
    $
    1,643,562LIABILITIES AND PARTNERS EQUITYCURRENT LIABILITIES:Payable to limited partners
    
    $
    15,832
    
    
    $
    13,898Accounts payable
    
    
    10,830
    
    
    
    10,540Total current liabilities
    
    
    26,662
    
    
    
    24,438OBLIGATION TO GENERAL PARTNER
    
    
    137,953
    
    
    
    137,953PARTNERS EQUITY:Limited partners; 165,375 units outstanding at December 31, 2009
and December 31, 2008
    
    
    1,430,557
    
    
    
    1,497,493General partner-Del Taco LLC
    
    
    (16,998
    )
    
    
    (16,322
    )1,413,559
    
    
    
    1,481,171$
    1,578,174
    
    
    $
    1,643,562
  9




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DEL TACO INCOME PROPERTIES IV
 
 STATEMENTS OF INCOME
 Years Ended December 31,2009
    
    
    2008
    
    
    2007RENTAL REVENUES
    
    $
    434,004
    
    
    $
    443,351
    
    
    $
    435,344EXPENSES:General and administrative
    
    
    64,794
    
    
    
    64,782
    
    
    
    66,626Depreciation
    
    
    55,268
    
    
    
    55,268
    
    
    
    55,268120,062
    
    
    
    120,050
    
    
    
    121,894Operating income
    
    
    313,942
    
    
    
    323,301
    
    
    
    313,450OTHER INCOME:Interest
    
    
    115
    
    
    
    576
    
    
    
    2,082Other
    
    
    875
    
    
    
    1,250
    
    
    
    375Net income
    
    $
    314,932
    
    
    $
    325,127
    
    
    $
    315,907Net income per limited
partnership unit (note 2)
    
    $
    1.89
    
    
    $
    1.95
    
    
    $
    1.89Number 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, 2009, 2008, and 2007
 Limited Partners
    
    
    GeneralUnits
    
    
    Amount
    
    
    Partner
    
    
    TotalBalance, 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
    )
    
    
    1,481,171Net Income
    
    
    
    
    
    
    311,783
    
    
    
    3,149
    
    
    
    314,932Cash Distributions
    
    
    
    
    
    
    (378,719
    )
    
    
    (3,825
    )
    
    
    (382,544
    )Balance, December 31, 2009
    
    
    165,375
    
    
    $
    1,430,557
    
    
    $
    (16,998
    )
    
    $
    1,413,559
  11




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DEL TACO INCOME PROPERTIES IV
 
 STATEMENTS OF CASH FLOWS
 Years Ended December 31,2009
    
    
    2008
    
    
    2007CASH FLOWS FROM OPERATING ACTIVITIES:Net income
    
    $
    314,932
    
    
    $
    325,127
    
    
    $
    315,907Adjustments 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
    
    
    1,775
    
    
    
    (1,746
    )
    
    
    821Deposits
    
    
    (69
    )
    
    
    (57
    )
    
    
    64Payable to limited partners
    
    
    1,934
    
    
    
    1,396
    
    
    
    (22,383
    )Accounts payable
    
    
    290
    
    
    
    (279
    )
    
    
    248Net cash provided by operating activities
    
    
    374,130
    
    
    
    379,709
    
    
    
    349,925CASH FLOWS FROM FINANCING ACTIVITIES:Cash distributions to partners
    
    
    (382,544
    )
    
    
    (375,183
    )
    
    
    (378,400
    )Net increase (decrease) in cash
    
    
    (8,414
    )
    
    
    4,526
    
    
    
    (28,475
    )Beginning cash balance
    
    
    120,448
    
    
    
    115,922
    
    
    
    144,397Ending cash balance
    
    $
    112,034
    
    
    $
    120,448
    
    
    $
    115,922
  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)
   2009
    
    
    2008
    
    
    2007Net income per financial statements
    
    $
    314,932
    
    
    $
    325,127
    
    
    $
    315,907Excess book depreciation
    
    
    14,915
    
    
    
    14,915
    
    
    
    14,915Taxable income
    
    $
    329,847
    
    
    $
    340,042
    
    
    $
    330,822
  Partners equity per financial statements
    
    $
    1,413,559Issue costs of limited partnership units
capitalized for tax purposes
    
    
    579,259Difference in book vs. tax depreciation
    
    
    289,497Partners equity for tax purposes
    
    $
    2,282,315
 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, 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
    
    $
    2.24December 31, 2008
    
    $
    0.61
    
    
    
    165,375
    
    
    
    165,375March 31, 2009
    
    
    0.54
    
    
    
    165,375
    
    
    
    165,375June 30, 2009
    
    
    0.50
    
    
    
    165,375
    
    
    
    165,375September 30, 2009
    
    
    0.64
    
    
    
    165,375
    
    
    
    165,375Total paid in 2009
    
    $
    2.29
  NOTE 8  RESULTS BY QUARTER (UNAUDITED)
 First
    
    Second
    
    Third
    
    FourthQuarter
    
    Quarter
    
    Quarter
    
    QuarterYear ended December 31, 2009Rental revenues
    
    $
    106,120
    
    
    $
    111,467
    
    
    $
    109,092
    
    
    $
    107,325Net income
    
    
    58,147
    
    
    
    88,797
    
    
    
    82,693
    
    
    
    85,295Net income per limited partnership unit
    
    
    0.35
    
    
    
    0.53
    
    
    
    0.50
    
    
    
    0.51Year 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
    
    
    
    0.53
 17




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DEL TACO INCOME PROPERTIES IV  NOTES TO FINANCIAL STATEMENTS  CONTINUED
 NOTE 9
 PAYABLE TO LIMITED PARTNERS
  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
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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
    
    
    55James W. Lyons
    
    Chief Development Officer
    
    
    54James D. Stoops
    
    Executive Vice President, Operations
    
    
    57Janet D. Erickson
    
    Executive Vice President, Purchasing
    
    
    53Steven L. Brake
    
    Treasurer
    
    
    37
  (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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##### Table of Contents



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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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 and Related Transactions, and Director Independence
 (a)
    
    No transactions have occurred between the Partnership and any executive officer or director
of its General Partner.During 2009, the following transactions occurred between the Partnership and the General
Partner pursuant to the terms of the partnership agreement.
 (1)
    
    The General Partner earned $3,149 as its one percent share of the net income of
the Partnership.(2)
    
    The General Partner received $3,825 in distributions relating to its one percent
interest in the Partnership.
 (b)
    
    During 2009, 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 2009 for any amount.(d)
    
    Not applicable.
 
 Item 14.
    
    Principal Accountant Fees and Services
  2009
    
    
    2008Audit Fees
    
    $
    17,547
    
    
    $
    17,779Audit-Related Fees
    
    
    0
    
    
    
    0Tax Fees
    
    
    0
    
    
    
    0All Other Fees
    
    
    0
    
    
    
    0Total
    
    $
    17,547
    
    
    $
    17,779
  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 2009.(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, 2009
 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
    
    
    $
    413,213
    
    
    
    1988
    
    
    
    1988
    
    
    20 (LI), 35 (BI)Lake Elsinore, CA
    
    
    
    
    
    
    449,058
    
    
    
    468,361
    
    
    
    
    
    
    
    917,419
    
    
    
    398,250
    
    
    
    1989
    
    
    
    1989
    
    
    20 (LI), 35 (BI)San Bernardino, CA
    
    
    
    
    
    
    321,709
    
    
    
    335,538
    
    
    
    
    
    
    
    657,247
    
    
    
    285,290
    
    
    
    1989
    
    
    
    1989
    
    
    20 (LI), 35 (BI)$
    
    
    
    $
    1,236,700
    
    
    $
    1,289,860
    
    
    $
    
    
    
    $
    2,526,560
    
    
    $
    1,096,753
 AccumulatedRestaurants
    
    DepreciationBalances 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
    
    
    
    1,041,485Additions
    
    
    
    
    
    
    55,268Retirements
    
    
    
    
    
    
    Balances at December 31, 2009:
    
    $
    2,526,560
    
    
    $
    1,096,753
   25




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##### Table of Contents



SIGNATURES
  DEL TACO INCOME PROPERTIES IV
a California limited partnership
Del Taco LLC
General PartnerDate March 12, 2010
    Paul J. B. Murphy, IIIPaul J. B. Murphy, IIIChief Executive OfficerDate March 12, 2010
    James W. LyonsJames W. LyonsChief Development OfficerDate March 12, 2010
    Steven L. BrakeSteven 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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
 27