v3.7.0.1

Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Operating assets.
Cash and cash equivalents	$ 1,896,994	$ 1,841,212
Cash held in escrow		82,119
Due from local general partners and affiliates (Note 2)		56,111
Other assets	10,944	10,944
Total operating assets	1,907,938	1,990,386
Assets from discontinued operations (Note 6)
Property and equipment - (at cost, net of accumulated depreciation of $0 and $2,284,169, respectively)		51,133
Other assets held for sale		429,411
Total assets from discontinued operations		480,544
Total assets	1,907,938	2,470,930
Operating liabilities.
Accounts payable	74,375	63,619
Due to general partners and affiliates	2,774
Total operating liabilities	77,149	63,619
Liabilities from discontinued operations (Note 6)
Mortgage notes payable (net of deferred costs of $0 and $32,299, respectively)		1,527,076
Other liabilities held for sale		304,035
Total liabilities from discontinued operations		1,831,111
Total liabilities	77,149	1,894,730
Commitments and contingencies
Partners’ capital (deficit)
Limited partners (45,844 BACs issued and outstanding)	2,198,680	901,928
General partner	(367,891)	(380,989)
Independence Tax Credit Plus L.P. IV total	1,830,789	520,939
Noncontrolling interests		55,261
Total partners’ capital (deficit)	1,830,789	576,200
Total liabilities and partners’ capital (deficit)	$ 1,907,938	$ 2,470,930

Amount classified as mortgage notes payable attributable to disposal group held for sale or disposed of.

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