Investors & landlords

My question is different.

Say, if if my depreciation amount is $300,000 for 27.5 year. It comes 10,909 per year.

 

Will I be able to subtract all these 10,909 from rental taxable income?

Or what % of this amount will be used to reduce the rental taxable income?

or Is it based on my current 22% tax bracket?

 

Regards

R