We own property in China financed by a bank in China. Do we still need to file the 1042?

And how d you figure the rate of exchange? By the month when paid?

Thanks!

For what purpose do you think you will file Form 1042?

From an older post on a similar question it seemed there were instances where this form was neded. Perhaps when the bank was in the US and the property out of the country.
Are there any forms that need to be filed?
Thanks