Looping Eliminate tool in Python?

Question

I am very new at Python,I'm not sure if this is even the appropriate way to do what I want to do, but basically, I'm looking to eliminate all of the small polygons in a feature class that was created to show all of the watershed basins of an area. I will need to run the Eliminate tool multiple times to eliminate all polygons smaller than an acre (since sometimes the tool will combine 2 small polygons and they still end up being less than an acre). Right now I can run the eliminate tool once with:

arcpy.management.MakeFeatureLayer(basinFC,basinLYR)
arcpy.management.SelectLayerByAttribute(basinLYR,"NEW_SELECTION","Acres < 1")
arcpy.management.Eliminate(basinLYR,basin_elim)

Since I've never used a loop in Python before, I'm not sure which to use or where to place it.

Answer 1

A simple loop for a set number of iterations would look like this:

arcpy.env.overwriteOutput = True #make sure you can overwrite the eliminate output
arcpy.MakeFeatureLayer_management(basinFC,basinLYR) 
arcpy.SelectLayerByAttribute_management(basinLYR,"NEW_SELECTION","Acres < 1") 
elim = arcpy.Eliminate_management(basinLYR,basin_elim)
iter = 5 #number of iterations -- how many times to go through the loop

for i in range(iter):
    arcpy.MakeFeatureLayer_management(elim,elimLYR)
    arcpy.SelectLayerByAttribute_management(elimLYR,"NEW_SELECTION","Acres < 1") 
    elim = arcpy.Eliminate_management(elimLYR,'_'.join([basin_elim,str(i)]))