diff --git a/arch/x86/kvm/emulate.c b/arch/x86/kvm/emulate.c
index ea48a2fb1677..98a7b98914fa 100644
--- a/arch/x86/kvm/emulate.c
+++ b/arch/x86/kvm/emulate.c
@@ -1753,16 +1753,6 @@ static int __load_segment_descriptor(struct x86_emulate_ctxt *ctxt,
 	case VCPU_SREG_TR:
 		if (seg_desc.s || (seg_desc.type != 1 && seg_desc.type != 9))
 			goto exception;
-		if (!seg_desc.p) {
-			err_vec = NP_VECTOR;
-			goto exception;
-		}
-		old_desc = seg_desc;
-		seg_desc.type |= 2; /* busy */
-		ret = ctxt->ops->cmpxchg_emulated(ctxt, desc_addr, &old_desc, &seg_desc,
-						  sizeof(seg_desc), &ctxt->exception);
-		if (ret != X86EMUL_CONTINUE)
-			return ret;
 		break;
 	case VCPU_SREG_LDTR:
 		if (seg_desc.s || seg_desc.type != 2)
@@ -1803,6 +1793,15 @@ static int __load_segment_descriptor(struct x86_emulate_ctxt *ctxt,
 				((u64)base3 << 32), ctxt))
 			return emulate_gp(ctxt, 0);
 	}
+
+	if (seg == VCPU_SREG_TR) {
+		old_desc = seg_desc;
+		seg_desc.type |= 2; /* busy */
+		ret = ctxt->ops->cmpxchg_emulated(ctxt, desc_addr, &old_desc, &seg_desc,
+						  sizeof(seg_desc), &ctxt->exception);
+		if (ret != X86EMUL_CONTINUE)
+			return ret;
+	}
 load:
 	ctxt->ops->set_segment(ctxt, selector, &seg_desc, base3, seg);
 	if (desc)