Hello and thank you for your question.
Regular and bonus depreciation appears in Schedule K of Form 1065 as part of ordinary business income or loss. Section 179 depreciation expense is stated separately and appears on Schedule K also. An adjustment between depreciation for regular and alternative minimum tax purposes also appears on Schedule K.
Losses from an activity that are not passive losses may be used to offset income from other sources, yes.
I hope this is helpful.
PS - In addition to the passive loss limitations, you may wish to note the basis limitations and at-risk limitations. I am assuming your question indicated those limitations also do not prevent you from deducting your losses.