14.12.3. Network Address Translation Characteristics of L2TP
In general, network address translation won't interfere with
L2TP; although there are embedded addresses, they're intended
to pass through a tunnel in any case. Network address translation
will not conceal any information when used with L2TP and will not
allow you to use L2TP between two networks that are using the same
address space, because the original address information will be
visible once the L2TP encapsulation is removed.
If you use an L2TP implementation where the endpoint sends replies
from a randomly chosen port, rather than from port 1701, you may have
difficulty getting the replies through an address translation system.
The translation system will not recognize the packets as replies
because the new source port is not the same as the previous
destination port.