JQuery :: Labels Are Not Replaced With Textboxes?

I found a same issue somewhere the jquery replaceWith comments sections, I would just reiterate it as its the same problem Im having now,My requirement is that on click of edit button , Labels are replaced with Textboxes . Once user Updates in it . Once Update button is clicked , Text boxes are replaced with labels again with updated text .But problem is this works only once .If User clicks on Edit button again then , Labels are not replaced with textboxes ..as labels are virtual labels .Step 1 : Click Edit ButtonStep 2 :

$("#LabelID").replaceWith("<input id="txtID" type="text" value=""+ LabelCurrText +"">");Step 3 : Click Update buttonStep 4 : $("#txt1").replaceWith("<label id="LabelID">"+LabelUpdText+"</label>" ;Perfect.Step 5 : When user again clicks on Edit buttonStep 6 $("#LabelID" .replaceWith("<input id="txtID" type="text" value=""+ LabelCurrText +"">");Same code but doesnt work.. or say it doesnt get replaced with.I have almost the same scenario, with some twist, so here's mine,I click a link -> load the details of the link on a modal -> do some editing on the modal -> save(without closing the modal) -> update the data on the modal

it works for the first time, but succeeding clicks no longer results as expected (there are sometimes its not firing also).