I have oak trim on my baseboard. What do you use to fill in the gaps between the trim and the wall? Do I use regular caulk and then paint it the color of the wall?
You are exactly right, I use latex caulk to fill the gaps and then paint when dry. This will create a seamless appearance. I've seen homes where the owners have caulked all their trim and it looks fantastic -- very clean.
Edit for clarity: I always strike off the bead square (which I make sure gets pushed down into the space) with a sharp cornered putty knife blade.