#1
Lately I noticed the 2d fret of the B string sounds like a sitar when I play. I'm told this is called "fretting out". Anybody know what I can do about it? This guitar is practically brand new
#2
if you bought it new take it back and get it checked to have it set up properly,

otherwise just take it to a guitar shop to get it set up properly.
#3
check the action. search for some videos on youtube.
You might be afraid of messing things up, but you will learn much more this way. Just do it yourself
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#5
My first guess is fret grooves. Not knowing how long you've had it...

Pull the string aside and look under it. If it's been played a few years, there's a good chance you have worn a groove in the fret underneath the string, so when you fret it the string is pulled a little lower than usual so it buzzes against the next fret up.

I would say maybe a high fret, but this would have shown up long ago unless it is a little loose and worked its way out of the slot over time. Not very common. If you don't see a fret groove, use a wooden dowel and a hammer to lightly tap it down a little tighter, that wil cure a high fret.

If it does have a groove, others probably have them too, it will need a fret leveling. IF you don't know how, take it to a good tech.

This link has a good write up, shows a good picture of what fret grooves look like too.

http://www.guitarrepairbench.com/electric-guitar-repairs/fret_dress.html
Hmmm...I wonder what this button does...