I am in the process of finishing my basement and want to know the proper way of doing the baseboards.Do I put the baseboards on before or after the carpet goes down?I want to do a wainscotting on the bottom half of the walls with a 4 or 6 in. baseboard.I was going to leave a gap under the baseboard the thickness of carpet with underlay.Am I on the right track with this?The carpet will the very last thing that will get done.

Look at your living room. Isn't the edge of the carpeting at the base board? I think it would be tough to strech the carpet under the base board. If you aren't planning to lay the carpet yourself, you might talk to whoever will lay it.