In Form2 you have to add a parameter for the Form1.
i.e.
// Form1
...
private void button1_Click(object sender, EventArgs e)
{
Form2 frm = new Form2(this);
frm.SetBtn = "teste test";
frm.Show();
}
...
// Form2
public Form2(Form frm1)
{
InitializeComponent();
frm1.setLb = "test test";
}