Then the trust either becomes null and void after the change of ownership, or, they can elect a new trustee to keep the property within a trust.

There is the step up basis at death, the move into passive fractional ownership and making income on tax deferred dollars and the deferred tax, and the periodic conversion from investment into primary residence.  

That kicks out all the subsequent mess and gives her ownership of the property.  

I'm new to property ownership, so I'm not really sure about much as far as property maintaining.

It is my plan to keep ownership of the duplex after my owner occupancy is concluded and cash flow both apartments.  

I've always figured a duplex would be a great way for them both to work together towards ownership, and eventual income.

Please explain "fractional ownership".Is this time shares?

Our attorney is in the process of changing title, to move the ownership to our corporation.

Around here, American Modern is a good insurance company for cost-effectively blanketing a bunch of rentals (each 6-unit or less) that you have complete or partial ownership in (either LLC or personally owned).

I feel you need to know how long typical repairs take and how much they costs to manage your property manager when your assets become large enough to warrant one.However, I do agree with Bryan on distancing yourself from the ownership of the property.