Do what feel is right for you in reference to the DMSH.
As far as the depreciation of the house and any assets purchased over the years or any other equipment that has longer than a one year life, it's all right for you to keep a separate, outside of your tax return, spreadsheet. Keep in mind you need those records until every item is disposed of by sale, trade or junked. When any of those events occur, it will be a taxable event, treated like a sale.
@GGBJr
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