<ARTICLE> 5 <LEGEND> The schedule contains summary financial information extracted from the balance sheet and statement of income and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000872467 <NAME> KRUPP GOVERNMENT INCOME TRUST II <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-END> DEC-31-1999 <CASH> 8,653,673 <SECURITIES> 212,170,689<F1> <RECEIVABLES> 1,629,549 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 8,755,152<F2> <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 231,209,063 <CURRENT-LIABILITIES> 2,843,001<F3> <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 228,920,012 <OTHER-SE> (553,950)<F4> <TOTAL-LIABILITY-AND-EQUITY> 231,209,063 <SALES> 0 <TOTAL-REVENUES> 19,613,182<F5> <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 4,638,844<F6> <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> 14,974,338 <INCOME-TAX> 0 <INCOME-CONTINUING> 14,974,338 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 14,974,338 <EPS-BASIC> 0 <EPS-DILUTED> 0 <FN> <F1> Includes Participating Insured Mortgage Investments ("PIMIs") (insured mortgages of $131,750,452 and Additional Loans of $21,298,351), Participating Insured Mortgages ("PIMs") of $37,994,412 and Mortgage-backed Securities ("MBS") of $21,127,474. <F2> Includes prepaid acquisition fees and expenses of $14,615,262 net of accumulated amortization of $8,093,170 and prepaid participation servicing fees of $4,495,719 net of accumulated amortization of $2,262,659. <F3> Includes deferred income on Additional Loans of $2,692,976. <F4> Unrealized loss on MBS. <F5> Represents interest income on investments in mortgages and cash. <F6> Includes $2,365,254 of amortization of prepaid fees and expenses. </FN>