How it markets itself is Marketing; not Factual. I can call it Quantum Rights, for instance.

"If anything at all, the closest thing my little brain can think of is §197 intangibles with an amortization period of 15 years."

It seems more like Oil & Gas royalty, where the life isn't really know (we were told it's for life) as far as the activity goes. You take a deduction as a flat depletion against income.

It seems you pay to play = paid money to get commissions from others who pay money to get commissions. That screams Ponzi, even over text.

"Forsage promotes it as passive income, but I think it is "active income" for the commissions, then later on if commissions were held on long position and appreciates in value then sold, then it would be capital gain."

The Sched C means you are running a Business.

The Sched D means you have an investment.

Both are part of Form 1040 for that person.