<ARTICLE> 5 <LEGEND> The schedule contains summary information extracted from the financial statements of the June 30, 1996 Form 10-Q of Integrated Resources American Leasing Investors VII-B and is qualified in its entirety by reference to such financial statements. </LEGEND> <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1996 <CASH> 367,841 <SECURITIES> 0 <RECEIVABLES> 120,344 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 488,185 <PP&E> 15,494,821 <DEPRECIATION> 10,152,563 <TOTAL-ASSETS> 4,249,023 <CURRENT-LIABILITIES> 790,287 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 3,458,736 <TOTAL-LIABILITY-AND-EQUITY> 4,249,023 <SALES> 0 <TOTAL-REVENUES> 632,143 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 929,501 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (271,862) <INCOME-TAX> 0 <INCOME-CONTINUING> (271,862) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> (271,862) <NET-INCOME> 0 <EPS-PRIMARY> 0 <EPS-DILUTED> 0