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The attack on Tony Stark's house will occur in the first act
As seen in the trailers, Stark's Malibu mansion is destroyed in a missile attack seemingly orchestrated by the villainous Mandarin (Ben Kingsley), though up to today it wasn't clear exactly when in the film this event occurs. Now producer Kevin Feige has revealed that the attack actually goes down in the film's first 30 minutes, immediately setting Stark's desperate revenge mission into motion:
"You’ve seen in the trailers that there’s an attack on Tony’s house. So by the end of the first act of 'Iron Man 3,' his house is gone. His technology is gone. All he has is a barely functioning, prototype suit that, soon after he escapes from the house that’s destroyed, is not functioning at all."