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Rental property purchased by a Trust


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My clients purchased a third rental property and the "borrower" is actually their Revocable Living Trust. 

Do I just carry on as if it was purchased by them without regard to a trust? 

I have never seen this Trust. Never seen a K1 from a Trust, either. 

So, can it be that this Trust is not its own entity requiring its own tax return? 

I hope I'm overthinking this one..... 

 

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26 minutes ago, Gail in Virginia said:

USUALLY, revocable living trusts are just ignored until someone dies and the trust is actually funded.  YMMV.

So, I can carry on as if it was purchased in the Client's name, correct? 

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