UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                 SCHEDULE 13G/A

                    Under the Securities Exchange Act of 1934
                                (Amendment No. 8)

                              LTC PROPERTIES, INC.
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                                (Name of Issuer)


                          COMMON STOCK, $.01 PAR VALUE
 -------------------------------------------------------------------------------
                         (Title and Class of Securities)


                                    502175102
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                                 (CUSIP Number)


                                DECEMBER 31, 2006
--------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                  [ ]      Rule 13d-1(b)
                  [X]      Rule 13d-1(c)
                  [ ]      Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                                Page 1 of 5 Pages



CUSIP NO. 502175102                  13G/A                     Page 2 of 5 Pages

--------------------------------------------------------------------------------
1        NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS (entities only)

         DUNN FAMILY TRUST, DAVID J. DUNN, TRUSTEE
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2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
                                                                 (a)  [ ]
                                                                 (b)  [ ]
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3        SEC USE ONLY

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4        CITIZENSHIP OR PLACE OF ORGANIZATION

         UNITED STATES OF AMERICA
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NUMBER OF                  5        SOLE VOTING POWER
SHARES                              1,525,100
                           -----------------------------------------------------
BENEFICIALLY               6        SHARED VOTING POWER
OWNED BY                            -0-
                           -----------------------------------------------------
EACH                       7        SOLE DISPOSITIVE POWER
REPORTING                           1,525,100
                           -----------------------------------------------------
PERSON                     8        SHARED DISPOSITIVE POWER
WITH                                -0-
--------------------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                    1,525,100
--------------------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
         (See Instructions)

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11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                    6.5% (1)
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON (See Instructions)
                        OO (GRANTOR TRUST FOR INDIVIDUAL)
--------------------------------------------------------------------------------


(1)      Based on 23,554,770 shares of the Stock outstanding, as reflected in
         the Issuer's Quarterly Report on Form 10-Q for the period ended
         September 30, 2006.



CUSIP NO. 502175102                  13G/A                     Page 3 of 5 Pages

--------------------------------------------------------------------------------
1        NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NOs. OF ABOVE PERSONS (entities only)

         DAVID J. DUNN
--------------------------------------------------------------------------------
2        CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
                                                                (a)  [ ]
                                                                (b)  [ ]
--------------------------------------------------------------------------------
3        SEC USE ONLY

--------------------------------------------------------------------------------
4        CITIZENSHIP OR PLACE OF ORGANIZATION

         UNITED STATES OF AMERICA
--------------------------------------------------------------------------------
NUMBER OF                  5        SOLE VOTING POWER
SHARES                              1,525,100
                           -----------------------------------------------------
BENEFICIALLY               6        SHARED VOTING POWER
OWNED BY                              138,000
                           -----------------------------------------------------
EACH                       7        SOLE DISPOSITIVE POWER
REPORTING                           1,525,100
                           -----------------------------------------------------
PERSON                     8        SHARED DISPOSITIVE POWER
WITH                                  138,000
--------------------------------------------------------------------------------
9        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                                    1,663,100
--------------------------------------------------------------------------------
10       CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
         (See Instructions)
--------------------------------------------------------------------------------
11       PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                                    7.1% (1)
--------------------------------------------------------------------------------
12       TYPE OF REPORTING PERSON (See Instructions)
                                       IN
--------------------------------------------------------------------------------

(1)      Based on 23,554,770 shares of the Stock outstanding, as reflected in
         the Issuer's Quarterly Report on Form 10-Q for the period ended
         September 30, 2006.



CUSIP NO. 502175102                  13G/A                     Page 4 of 5 Pages


Pursuant to Rule 13d-2(b) of Regulation 13D-G of the General Rules and
Regulations under the Securities Exchange Act of 1934, as amended (the "Act"),
the undersigned hereby amend their Schedule 13G Statement dated July 27, 2000
(the "Schedule 13G"), relating to the Common Stock, $.01 par value per share
(the "Stock"), of LTC Properties, Inc. (the "Issuer"), as previously amended by:

           Amendment No. 1 thereto dated February 9, 2001,
           Amendment No. 2 thereto dated September 7, 2001,
           Amendment No. 3 thereto dated October 24, 2001,
           Amendment No. 4 thereto dated February 13, 2002,
           Amendment No. 5 thereto dated February 4, 2004,
           Amendment No. 6 thereto dated November 29, 2004, and
           Amendment No. 7 thereto dated February 6, 2006.


Unless otherwise indicated, all defined terms used herein shall have the same
meanings as those set forth in the Schedule 13G.


Item 4 as reported in the Schedule 13G is hereby amended and restated to read as
follows:

ITEM 4.    OWNERSHIP.
           ----------

           DFT:   (a) Because of its position as general partner of Idanta
                  Partners Ltd. ("IPL"), which owns 773,050 shares of the Stock,
                  DFT may, pursuant to Rule 13d-3 of the Act, be deemed to be
                  beneficial owner of these 773,050 shares, in addition to the
                  752,050 it directly owns; which totals 1,525,100 shares,

                  (b) which constitutes in the aggregate approximately 6.5% of
                  the assumed 23,554,770 outstanding shares of the Stock.

                  (c) In its capacity as a general partner of IPL and due to the
                  shares it directly owns, DFT has the sole power to vote or to
                  direct the vote and to dispose or to direct the disposition of
                  1,525,100 shares of the Stock. DFT does not share this power
                  to vote or to direct the vote and to dispose or to direct the
                  disposition of the Stock.



CUSIP NO. 502175102                  13G/A                     Page 5 of 5 Pages


           DJD:   (a) DJD may pursuant to Rule 13d-3 of the Act, be deemed to be
                  the beneficial owner of 1,663,100 shares of the Stock because:
                  DJD is the trustee of DFT, which owns 752,050 shares of the
                  Stock and which is a general partner of IPL, which owns
                  773,050 shares of the Stock, DJD is a limited partner in the
                  Steven Dunn Family Partners Limited Partnership, which owns
                  68,600 shares of the Stock, DJD is a trustee of and a
                  participant in the Idanta Partners Ltd. Retirement Plan, which
                  owns 19,400 shares of the Stock, and DJD owns 50,000 shares of
                  the Stock jointly with his spouse.

                  (b) The 1,663,100 shares that DJD may be beneficially deemed
                  to own, constitutes in the aggregate approximately 7.1% of the
                  assumed 23,554,770 outstanding shares of the Stock.

                  (c) In his capacity as trustee of DFT, which is also a general
                  partner of IPL, DJD has the sole power to vote or to direct
                  the vote and to dispose or to direct the disposition of
                  1,525,100 shares of the Stock. DJD may be deemed to share the
                  power to vote or to direct the vote and to dispose or to
                  direct the disposition of 68,600 shares of the Stock held by
                  SDFP, 19,400 shares of the Stock held by RET, and 50,000
                  shares of the Stock held jointly with his spouse. DJD owns no
                  shares of the Stock individually.


ITEM 10.   CERTIFICATION.
           -------------

By signing below, each of the Reporting Persons certifies that, to the best of
his knowledge and belief, the securities referred to above were not acquired and
are not held for the purpose of or with the effect of changing or influencing
the control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.

                                   SIGNATURE:

After reasonable inquiry and to the best of my knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.

DATED: January 29, 2007



/s/ David J. Dunn
---------------------------------------------------------------
David J. Dunn, individually and as Trustee of Dunn Family Trust