Can We Change a Host Element of a Tag

I am trying to change the furniture tag of a Table (element) to another by changing the hosting Property can it be done without creating a new Furniture tag using the same by only changing the host element

not sure i fully understand what the OP meant to do,

in my case i would like to:

have a wire tag change it’s host - the initial wire will be deleted and a new wire will be created - i want the existing tag on the original wire to change it’s host to the new wire - so it keeps its position, etc.