<ARTICLE> 5 <LEGEND> The schedule contains summary information extracted from the financial statements of the September 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> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 3,024,136 <SECURITIES> 0 <RECEIVABLES> 159,942 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 3,184,078 <PP&E> 2,747,677 <DEPRECIATION> 2,123,922 <TOTAL-ASSETS> 3,530,633 <CURRENT-LIABILITIES> 3,001,417 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 529,216 <TOTAL-LIABILITY-AND-EQUITY> 3,530,633 <SALES> 0 <TOTAL-REVENUES> 733,776 <CGS> 0 <TOTAL-COSTS> 81,143 <OTHER-EXPENSES> 967,268 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (230,426) <INCOME-TAX> 0 <INCOME-CONTINUING> (230,426) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (230,426) <EPS-PRIMARY> 0 <EPS-DILUTED> 0