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Try this below :
define a variable toggle and initially define it as true and then use v-if on your elements.
<input @dblclick="toggle=!toggle" v-if="toggle" />
<h4 v-if="!toggle" @dblclick="editComment(text)">{{text}}</h4>
editComment(item){
item = 'New Comment';
this.toggle = !this.toggle;
};
Source:stackexchange.com