if there's even the slightest chance that you will get air temps cold enough to freeze water -- Store the motor in the "down" position !! Water can and will collect in the lower unit hub ... and it can & will freeze, possibly expanding enough to crack the lower unit. You don't have to trim the motor all the way to the "tucked in" position ... but, you do want it to hang straight down, at least. This will allow any moisture, that collects in the hub, to drain out ... and won't allow water/snow/ice to collect in the lower unit hub casing.
You also want to store your boat with the nose higher than the transom, so that any water that may get in the false bottom will run to the rear of the boat (and hopefully out the drain hole - which, by the way, should be left unplugged

)
This is, of course, in referrence to storing a boat/motor "outside" (and hopefully covered with a tarp or boat cover). But, I'd do the same ... even if I was storing one in a unheated garage !! I've stored my two previous boats "outside", over the 20+ years I've had them ... and haven't had any boat or motor damage from snow, rain, ice storms, or freezing temps (to -20deg).
Change the lower unit fluid every year - put in a new water pump impellar every other year - fog your motor any time the boat will be setting unused for more than a month or two - and, either remove all the gas & dry & vacuum out your gas tanks .. or fill to capacity & treat the gas with Dry Gas, Stabil, Seafoam, Heet, or similar product - change spark plugs as required. This will help insure that your motor will last you a good long time.
Oh, and don't neglect your trailor, either !! Repacking the wheel bearings, with a good quality grease, each year, is a good way to insure that your rig will be ready to go when you are. And be sure and check the rear seals, too. Make sure they haven't been blown out, and are slinging grease on the inside of the wheel. (and use a rubber hammer to tap seals & bearing buddys back into place) ........ luck2ya .....cp
