Ok here ya go
The timing should be 25 deg. advanced. unless you have real high compression pistions.
Find #1 cylinder, with mag out ( so engine cannot fire, or take all top plugs out) pull prop. arround with your finger in plug hole till compression stroke, when piston is at TDC stop. ( might use a small screwdriver on piston) Now if your flywheel is degreed, back prop up to the 25 mark. locate the red 1/2 tooth on mag gear by looking in the small hole in side of mag, and set mag in engine. The 1/2 tooth should be in middle of the inspection hole, with crank at 25 deg before top dead center.
If you dont have a degreed flywheel, you can use a protractor.
hope this helps.