Look at the pictures together before you read.
Ask questions-- "Where is the...?" "What's that called...?" "What's she doing?" "Why did he do that?" "What happens next?"
Follow the text with your finger as you read.
With familiar stories, help your child join in or finish phrases.
Discuss things you both liked/didn't like about the story and why.
Don't forget...it's okay to read without stopping just to enjoy a great book