@Kenita JamesYou are going to have to be more elaborate about your situation in order to get any kind of advice from us. 

I was reading an old BP article posted by Jeff Brown regarding the use of excess depreciation and how it could be used in replacement of 1031 exchanges: http://www.biggerpockets.com/renewsblog/2010/01/05/150k-year-excellent-strategy/ In it, Jeff mentioned something that I was hoping someone could elaborate on, as I think it is a critical point.

@Steve Babiak, to elaborate: the affidavit protects the property and owner because the delinquent bill does not go on the tax rolls; it goes to collection under the tenant's name.

Your story has just got to be an elaborate hoax of some kind.A real estate investor from Italy, buying Section 8 property, unknowingly, in Atlanta, Georgia, flying in and signing contracts with strangers, not having a clue about any of the contracts involved, or if taxes were paid or how to pay taxes, and not taking the time to learn all of that before buying it anyway, putting it all in the hands of a stranger, and having things notarized and not knowing what it was, and then flying back to Italy, and then posting tomes on the internet, instead of talking to her lawyer.I'm just not buying it.

Please elaborate...

Can you elaborate on the commission structure?

Sue K. could you please elaborate further on what you mean by 'dramatically concerned about the 3 year period invalidating our exemption when we sell the place'?? 

Could you please elaborate on what exactly it is/how it works? 

With elements of elaborate ornamentation, asymmetrical values, pastel color palette, and curved or serpentine lines.......OMG!  

I hadn't thought about that @Sam Bagwell, can you elaborate?