Abstract. We show that limit groups are free-by-(torsion-free nilpotent) and have non-positive Euler characteristic. We prove that for any non-abelian limit group the Bieri-NeumannStrebel-Renz S-invariants are the empty set.Let s d 3 be a natural number and G be a subdirect product of non-abelian limit groups intersecting each factor non-trivially. We show that the homology groups of any subgroup of finite index in G, in dimension i c s and with coe‰cients in Q, are finite-dimensional if and only if the projection of G to the direct product of any s of the limit groups has finite index.